Laurentian Bank of Canada (TSE:LB) had its price target lifted by stock analysts at National Bank Financial from C$59.00 to C$60.00 in a research report issued on Wednesday, StockTargetPrices.com reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 7.14% from the stock’s current price.

A number of other brokerages have also weighed in on LB. Canaccord Genuity upped their price target on shares of Laurentian Bank of Canada from C$63.00 to C$67.00 in a research note on Wednesday, November 1st. CIBC upped their price target on shares of Laurentian Bank of Canada from C$61.00 to C$66.00 in a research note on Monday, November 13th. Desjardins reduced their price target on shares of Laurentian Bank of Canada from C$60.00 to C$59.00 in a research note on Wednesday. BMO Capital Markets raised shares of Laurentian Bank of Canada from a “market perform” rating to an “outperform” rating and upped their price target for the stock from C$57.00 to C$62.00 in a research note on Wednesday. Finally, Barclays upped their price target on shares of Laurentian Bank of Canada from C$57.00 to C$62.00 in a research note on Wednesday. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of C$60.90.

Laurentian Bank of Canada (TSE:LB) traded down C$4.80 during trading on Wednesday, reaching C$56.00. 907,479 shares of the company’s stock were exchanged, compared to its average volume of 128,039. Laurentian Bank of Canada has a 52-week low of C$51.57 and a 52-week high of C$62.90.

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About Laurentian Bank of Canada

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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