Laurentian Bank of Canada (TSE:LB) will be releasing its earnings data before the market opens on Tuesday, December 5th. Analysts expect Laurentian Bank of Canada to post earnings of C$1.54 per share for the quarter.

Shares of Laurentian Bank of Canada (TSE LB) opened at C$60.53 on Friday. Laurentian Bank of Canada has a 52 week low of C$51.57 and a 52 week high of C$61.67.

LB has been the subject of several recent research reports. National Bank Financial raised their price objective on Laurentian Bank of Canada from C$58.00 to C$59.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 30th. BMO Capital Markets raised their price objective on Laurentian Bank of Canada from C$56.00 to C$57.00 and gave the company a “market perform” rating in a research report on Wednesday, August 30th. Scotiabank reissued a “sector perform” rating and set a C$60.00 price objective on shares of Laurentian Bank of Canada in a research report on Monday, August 21st. CIBC raised their price objective on Laurentian Bank of Canada from C$61.00 to C$66.00 in a research report on Monday, November 13th. Finally, Canaccord Genuity raised their price objective on Laurentian Bank of Canada from C$63.00 to C$67.00 in a research report on Wednesday, November 1st. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$59.70.

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Laurentian Bank of Canada Company Profile

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.

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