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Laurentian Bank (LRCDF) Gets a Hold from Scotiabank
Laurentian Bank (LRCDF) Gets a Hold from Scotiabank

Business Insider

time31-05-2025

  • Business
  • Business Insider

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. Confident Investing Starts Here: 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.

Scotiabank Sticks to Their Buy Rating for Sagicor Financial (SGCFF)
Scotiabank Sticks to Their Buy Rating for Sagicor Financial (SGCFF)

Business Insider

time18-05-2025

  • Business
  • Business Insider

Scotiabank Sticks to Their Buy Rating for Sagicor Financial (SGCFF)

In a report released on May 14, Meny Grauman from Scotiabank reiterated a Buy rating on Sagicor Financial (SGCFF – Research Report), with a price target of C$12.00. The company's shares closed last Tuesday at $5.60. Confident Investing Starts Here: Grauman covers the Financial sector, focusing on stocks such as Bank Of Montreal, Royal Bank Of Canada, and Toronto Dominion Bank. According to TipRanks, Grauman has an average return of 11.0% and a 62.79% success rate on recommended stocks. Currently, the analyst consensus on Sagicor Financial is a Strong Buy with an average price target of $7.69, implying a 37.32% upside from current levels. In a report released on May 14, RBC Capital also maintained a Buy rating on the stock with a C$9.00 price target. Based on Sagicor Financial's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $324.23 million and a net profit of $52.41 million. In comparison, last year the company earned a revenue of $1.12 billion and had a net profit of $485.34 million Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SGCFF in relation to earlier this year.

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