A statement released earlier today by BMO Capital Markets about Laurentian Bank Of Canada (TSE:LB) bumps the target price to $57.00

BMO Capital Markets bumped up the target of Laurentian Bank Of Canada (TSE:LB) to $57.00 stating a potential upside of 0.02%.

On Monday August 21, 2017, Scotia Capital released a statement for Laurentian Bank Of Canada (TSE:LB) bumped up the target price from $0.00 to $60.00 that suggested an upside of 0.12%.

Boasting a price of $56.12, Laurentian Bank Of Canada (TSE:LB) traded 2.93% higher on the day. With the last stock price close up 0.63% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Laurentian Bank Of Canada has recorded a 50-day average of $54.29 and a two hundred day average of $55.95. Volume of trade was up over the average, with 168,105 shares of LB changing hands over the typical 140,706

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With a total market value of $0, Laurentian Bank Of Canada has price-earnings ratio of 13.10 with a one year low of $48.06 and a one year high of $61.67 .

A total of 1 equity analyst has released a ratings update on LB. One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, six equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $22.00.

Brief Synopsis About Laurentian Bank Of Canada (TSE:LB)

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. The Bank offers financing products, such as Visa credit cards, Personal line of credit, Personal loan and Student loan. Its mortgage products include Homeowner’s Kit, Equity line of credit, Mortgage with cashback, Variable-rate mortgage and Fixed-rate mortgage. Its investment products include, Fixed-rate investments, Indexed investments, Mutual funds, Registered plans and Bank securities. It also offers various personal banking services under categories, such as My Family, My Career, My Dream, My First Home, My Renovations and My Savings.

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