This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
RBC Capital Sticks to Its Sell Rating for Laurentian Bank (LRCDF)
RBC Capital analyst Darko Mihelic maintained a Sell rating on Laurentian Bank on August 12 and set a price target of C$25.00. The company’s shares closed yesterday at $22.29.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Mihelic is a 4-star analyst with an average return of 6.9% and a 59.62% success rate. Mihelic covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce.
In addition to RBC Capital, Laurentian Bank also received a Sell from National Bank’s Gabriel Dechaine in a report issued yesterday. However, on August 13, Jefferies maintained a Hold rating on Laurentian Bank (Other OTC: LRCDF).
LRCDF market cap is currently $994.6M and has a P/E ratio of 10.43.
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
