Laurentian Bank (LRCDF) Gets a Hold from Scotiabank
In a report released yesterday, Meny Grauman from Scotiabank maintained a Hold rating on Laurentian Bank (LRCDF – Research Report), with a price target of C$32.00. The company's shares closed yesterday at $22.57.
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Grauman covers the Financial sector, focusing on stocks such as Sagicor Financial, Bank Of Montreal, and Manulife Financial. According to TipRanks, Grauman has an average return of 11.2% and a 63.58% success rate on recommended stocks.
Currently, the analyst consensus on Laurentian Bank is a Moderate Sell with an average price target of $19.83, representing a -12.14% downside. In a report released on May 28, Raymond James also maintained a Hold rating on the stock with a C$27.00 price target.
The company has a one-year high of $22.57 and a one-year low of $16.46. Currently, Laurentian Bank has an average volume of 8,937.
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