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Laurentian Bank (LRCDF) Gets a Sell from Desjardins

Tipranks - Tipranks - Thu Aug 14, 2025

Desjardins analyst Douglas Young maintained a Sell rating on Laurentian Bank today and set a price target of C$30.00. The company’s shares closed last Thursday at $22.40.

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Young covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce. According to TipRanks, Young has an average return of 13.8% and a 70.93% success rate on recommended stocks.

Currently, the analyst consensus on Laurentian Bank is a Moderate Sell with an average price target of $21.05.

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Based on Laurentian Bank’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $572.76 million and a net profit of $32.33 million. In comparison, last year the company earned a revenue of $648.22 million and had a GAAP net loss of $117.55 million

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