Shares of Laurentian Bank of Canada (LB) were revisited by a Wall Street analyst on May 30. Analyst Douglas Young from Desjardins rated Laurentian Bank of Canada (LB) a Hold on May 30, setting a C$43 price target.
According to TipRanks.com, Young is a 4-star analyst with an average return of 6.4% and a 68.3% success rate. Young covers the Financial sector, focusing on stocks such as Manulife Financial Corp, National Bank of Canada, and Toronto Dominion Bank.
Laurentian Bank of Canada has an analyst consensus of Moderate Sell, with a price target consensus of C$40.
The company has a one-year high of C$48.41 and a one-year low of C$36.21. Currently, Laurentian Bank of Canada has an average volume of 299.2K.
Laurentian Bank of Canada engages in the provision of financial services. It operates through the following segments: Retail Services, Business Services, Business-to-Business (B2B) Bank, and Capital Markets. The Retail Services segment offers savings, investment, and financing products.
The company’s shares closed on Monday at C$43.45.
