Laurentian Bank of Canada (TSE:LB) had its price target lifted by equities research analysts at Barclays from C$57.00 to C$62.00 in a report issued on Wednesday, StockTargetPrices.com reports. Barclays’ price objective points to a potential upside of 10.71% from the company’s current price.

A number of other brokerages also recently weighed in on LB. CIBC boosted their target price on shares of Laurentian Bank of Canada from C$61.00 to C$66.00 in a report on Monday, November 13th. National Bank Financial boosted their target price on shares of Laurentian Bank of Canada from C$58.00 to C$59.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 30th. Canaccord Genuity boosted their target price on shares of Laurentian Bank of Canada from C$61.00 to C$63.00 and gave the stock a “buy” rating in a report on Wednesday, August 30th. BMO Capital Markets boosted their target price on shares of Laurentian Bank of Canada from C$56.00 to C$57.00 and gave the stock a “market perform” rating in a report on Wednesday, August 30th. Finally, Scotiabank restated a “sector perform” rating and set a C$60.00 target price on shares of Laurentian Bank of Canada in a report on Monday, August 21st. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of C$60.90.

Shares of Laurentian Bank of Canada (TSE LB) traded down C$4.80 on Wednesday, reaching C$56.00. 907,479 shares of the company were exchanged, compared to its average volume of 128,039. Laurentian Bank of Canada has a fifty-two week low of C$51.57 and a fifty-two week high of C$62.90.

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Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada is a Canada-based Chartered bank. The Bank and its subsidiaries provide banking services to individuals, and small and medium-sized enterprises, as well as to independent advisors across Canada. It also operates as a full-service brokerage firm. The Bank’s loan portfolio consists of personal loans, residential mortgage loans, commercial mortgage loans and commercial loans, including acceptances and finance lease receivables.

Stock Target Prices

Analyst Recommendations for Laurentian Bank of Canada (TSE:LB)

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