Analysts Offer Insights on Financial Companies: Apartment Investment & Management (AIV) and Laurentian Bank (LRCDF)


There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Apartment Investment & Management (AIV) and Laurentian Bank (LRCDF) with bullish sentiments.

Apartment Investment & Management (AIV)

In a report issued on November 16, Ross L Smotrich from Barclays maintained a Buy rating on Apartment Investment & Management, with a price target of $46. The company’s shares closed on Friday at $45.65, close to its 52-week high of $46.38.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 7.6% and a 66.7% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Hudson Pacific Properties, and Cushman & Wakefield Plc.

Apartment Investment & Management has an analyst consensus of Moderate Buy, with a price target consensus of $47.80, which is a 4.7% upside from current levels. In a report issued on November 16, Wells Fargo also maintained a Buy rating on the stock with a $50 price target.

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Laurentian Bank (LRCDF)

Barclays analyst John Aiken maintained a Buy rating on Laurentian Bank on November 16. The company’s shares closed on Thursday at $32.20, close to its 52-week low of $31.29.

According to TipRanks.com, Aiken is a 1-star analyst with an average return of -2.3% and a 36.2% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

The word on The Street in general, suggests a Hold analyst consensus rating for Laurentian Bank.

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