Laurentian Bank of Canada (TSE:LB) was upgraded by analysts at Barclays from an “equal weight” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday.

LB has been the subject of several other reports. Desjardins lowered their price objective on shares of Laurentian Bank of Canada from C$60.00 to C$59.00 in a research report on Wednesday, December 6th. CIBC lowered their price objective on shares of Laurentian Bank of Canada from C$66.00 to C$60.00 in a research report on Monday, December 11th. National Bank Financial boosted their price objective on shares of 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 boosted their price objective on shares of 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. Finally, TD Securities upgraded shares of Laurentian Bank of Canada from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$62.00 to C$63.00 in a research report on Wednesday, December 6th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of C$60.30.

Shares of Laurentian Bank of Canada (TSE LB) opened at C$56.48 on Tuesday. Laurentian Bank of Canada has a 12 month low of C$51.57 and a 12 month high of C$62.90.

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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)

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