Analysts Set Laurentian Bank of Canada (OTCMKTS:LRCDF) Target Price at $42.00

Shares of Laurentian Bank of Canada (OTCMKTS:LRCDF) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $42.00.

LRCDF has been the subject of a number of analyst reports. Canaccord Genuity set a $36.00 price objective on shares of Laurentian Bank of Canada and gave the stock a “sell” rating in a research report on Friday, August 30th. Desjardins set a $44.00 price objective on shares of Laurentian Bank of Canada and gave the stock a “hold” rating in a research report on Friday, August 30th. Scotiabank set a $40.00 price objective on shares of Laurentian Bank of Canada and gave the stock a “hold” rating in a research report on Friday, August 30th. BMO Capital Markets set a $44.00 price objective on shares of Laurentian Bank of Canada and gave the stock a “hold” rating in a research report on Friday, August 30th. Finally, Barclays restated a “hold” rating and set a $46.00 price objective on shares of Laurentian Bank of Canada in a research report on Monday, August 26th.

LRCDF stock opened at $33.89 on Tuesday. The company has a fifty day moving average price of $33.97 and a 200 day moving average price of $32.63. Laurentian Bank of Canada has a 12 month low of $26.18 and a 12 month high of $34.93.

Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. It operates through four segments: Retail Services, Business Services, B2B Bank, and Capital Markets. The company offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance solutions.

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Analyst Recommendations for Laurentian Bank of Canada (OTCMKTS:LRCDF)

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