Laurentian Bank of Canada (TSE:LB - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$28.47 and traded as high as C$30.68. Laurentian Bank of Canada shares last traded at C$30.68, with a volume of 50,894 shares trading hands.
Wall Street Analyst Weigh In
LB has been the subject of a number of recent analyst reports. National Bankshares raised their price target on shares of Laurentian Bank of Canada from C$25.00 to C$28.00 and gave the stock an "underperform" rating in a report on Tuesday, June 3rd. Desjardins raised their target price on Laurentian Bank of Canada from C$27.00 to C$29.00 and gave the stock a "sell" rating in a research note on Tuesday, June 3rd. Scotiabank upped their price target on Laurentian Bank of Canada from C$28.00 to C$32.00 and gave the company a "sector perform" rating in a research note on Tuesday, June 3rd. Jefferies Financial Group lowered their price target on Laurentian Bank of Canada from C$29.00 to C$27.00 in a report on Monday, April 21st. Finally, Veritas upgraded shares of Laurentian Bank of Canada to a "strong sell" rating in a report on Monday, June 2nd. Three investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of C$29.57.
View Our Latest Report on LB
Laurentian Bank of Canada Trading Up 0.5%
The company has a fifty day moving average of C$30.67 and a 200-day moving average of C$28.47. The stock has a market cap of C$1.35 billion, a PE ratio of -244.70, a P/E/G ratio of 0.76 and a beta of 1.25.
About Laurentian Bank of Canada
(
Get Free Report)
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.
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