Laurentian Bank of Canada (TSE:LB - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$28.16 and traded as high as C$31.44. Laurentian Bank of Canada shares last traded at C$31.34, with a volume of 121,440 shares.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. CIBC raised their target price on shares of Laurentian Bank of Canada from C$28.00 to C$33.00 and gave the stock a "neutral" rating in a report on Tuesday, June 3rd. National Bankshares boosted their price objective on Laurentian Bank of Canada from C$25.00 to C$28.00 and gave the company an "underperform" rating in a report on Tuesday, June 3rd. Jefferies Financial Group dropped their target price on Laurentian Bank of Canada from C$29.00 to C$27.00 in a report on Monday, April 21st. Scotiabank boosted 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 report on Tuesday, June 3rd. Finally, Raymond James Financial upped their price objective on Laurentian Bank of Canada from C$27.00 to C$28.00 and gave the stock a "market perform" rating in a research report on Tuesday, June 3rd. Three investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of C$29.57.
View Our Latest Report on Laurentian Bank of Canada
Laurentian Bank of Canada Trading Down 0.4%
The firm's fifty day moving average is C$29.35 and its 200 day moving average is C$28.16. The company has a market cap of C$1.37 billion, a PE ratio of -249.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25.
About Laurentian Bank of Canada
(
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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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