Laurentian Bank of Canada (TSE:LB) had its price target increased by equities researchers at CIBC from C$61.00 to C$66.00 in a report issued on Monday. CIBC’s price target would indicate a potential upside of 13.30% from the company’s previous close.

A number of other analysts also recently weighed in on LB. Barclays PLC reduced their target price on shares of Laurentian Bank of Canada from C$58.00 to C$57.00 in a report on Friday, August 11th. Canaccord Genuity boosted their target price on shares of Laurentian Bank of Canada from C$63.00 to C$67.00 in a report on Wednesday, November 1st. BMO Capital Markets boosted their target price on shares of Laurentian Bank of Canada from C$56.00 to C$57.00 and gave the stock a “market perform” rating in a report on Wednesday, August 30th. National Bank Financial boosted their target price on shares of Laurentian Bank of Canada from C$58.00 to C$59.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 30th. Finally, Scotiabank restated a “sector perform” rating and issued a C$60.00 target price on shares of Laurentian Bank of Canada in a report on Monday, August 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. Laurentian Bank of Canada currently has a consensus rating of “Hold” and a consensus price target of C$59.70.

Shares of Laurentian Bank of Canada (TSE:LB) opened at C$58.25 on Monday. Laurentian Bank of Canada has a fifty-two week low of C$50.59 and a fifty-two week high of C$61.67.

TRADEMARK VIOLATION WARNING: This news story was first posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.watchlistnews.com/cibc-increases-laurentian-bank-of-canada-lb-price-target-to-c66-00/1703593.html.

About Laurentian Bank of Canada

Laurentian Bank of Canada is a Canada-based Chartered bank. The Bank and its subsidiaries provide banking services to individuals, and small and medium-sized enterprises, as well as to independent advisors across Canada. It also operates as a full-service brokerage firm. The Bank’s loan portfolio consists of personal loans, residential mortgage loans, commercial mortgage loans and commercial loans, including acceptances and finance lease receivables.

Analyst Recommendations for Laurentian Bank of Canada (TSE:LB)

Receive News & Ratings for Laurentian Bank of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laurentian Bank of Canada and related companies with Analyst Ratings Network's FREE daily email newsletter.