Analysts’ Opinions Are Mixed on These Financial Stocks: Fifth Third Bancorp (FITB) and Laurentian Bank (OtherLRCDF)
Analysts have been eager to weigh in on the Financial sector with new ratings on Fifth Third Bancorp (FITB) and Laurentian Bank (LRCDF).
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Fifth Third Bancorp (FITB)
In a report released today, Manan Gosalia from Morgan Stanley maintained a Buy rating on Fifth Third Bancorp. The company’s shares closed last Monday at $48.55, close to its 52-week high of $49.07.
According to TipRanks.com, Gosalia is a 4-star analyst with an average return of
Fifth Third Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $56.39, representing a 14.1% upside. In a report issued on May 27, Bank of America Securities also maintained a Buy rating on the stock.
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Laurentian Bank (LRCDF)
In a report released today, Sohrab Movahedi from BMO Capital maintained a Hold rating on Laurentian Bank, with a price target of $40.50. The company’s shares closed last Monday at $29.10.
According to TipRanks.com, Movahedi is a 5-star analyst with an average return of
Currently, the analyst consensus on Laurentian Bank is a Hold with an average price target of $34.73, a 19.3% upside from current levels. In a report issued on May 29, RBC Capital also maintained a Hold rating on the stock with a C$40.00 price target.
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