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A number of stock research firms have changed their ratings and price targets for Laurentian Bank of Canada (TSE: LB) during the last seven days:

  • Laurentian Bank of Canada had its price target raised by analysts at BMO Capital Markets from C$50.00 to C$52.00. They now have a “market perform” rating on the stock.
  • Laurentian Bank of Canada had its price target raised by analysts at RBC Capital from C$46.00 to C$48.00. They now have a “sector perform” rating on the stock.
  • Laurentian Bank of Canada had its price target lowered by analysts at CIBC from C$55.00 to C$54.00. They now have a “sector perform” rating on the stock.
  • Laurentian Bank of Canada had its price target lowered by analysts at Scotiabank from C$54.00 to C$52.00. They now have a “sector perform” rating on the stock.

Shares of Laurentian Bank of Canada (TSE:LB) opened at 49.77 on Tuesday. Laurentian Bank of Canada has a 52 week low of $44.25 and a 52 week high of $51.92. The stock has a 50-day moving average of $50.99 and a 200-day moving average of $48.35. The company has a market cap of $1.431 billion and a price-to-earnings ratio of 12.45.

Laurentian Bank of Canada (TSE:LB) last released its earnings data on Thursday, June 5th. The company reported $1.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.22 by $0.07. Analysts expect that Laurentian Bank of Canada will post $5.37 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Saturday, November 1st. Investors of record on Wednesday, October 1st will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 4.18%.

Laurentian Bank of Canada (TSE:LB) is a Canada-based banking institution.

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