Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.22 and traded as high as $29.21. Laurentian Bank of Canada shares last traded at $29.21, with a volume of 300 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada upgraded shares of Laurentian Bank of Canada to a “sector perform” rating in a research report on Friday, December 5th. Raymond James Financial downgraded shares of Laurentian Bank of Canada from a “market perform” rating to an “underperform” rating in a report on Friday, December 5th. Scotiabank restated a “sector perform” rating on shares of Laurentian Bank of Canada in a report on Wednesday, December 3rd. Finally, BMO Capital Markets restated a “market perform” rating on shares of Laurentian Bank of Canada in a research report on Monday, December 8th. Four equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Laurentian Bank of Canada has a consensus rating of “Reduce”.
Read Our Latest Stock Analysis on LRCDF
Laurentian Bank of Canada Stock Up 0.6%
About Laurentian Bank of Canada
The Laurentian Bank of Canada (OTCMKTS:LRCDF) is headquartered in Quebec City and is one of Canada’s Schedule I banks. Established in 1846, the institution has grown from a regional savings bank into a diversified financial services provider. While its core footprint remains in Quebec, the bank also serves customers in other Canadian provinces through a network of branches, digital channels and broker partnerships.
Laurentian Bank’s personal banking division offers chequing and savings accounts, mortgages, lines of credit, credit cards and payment solutions.
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