Laurentian Bank (LRCDF) Gets a Sell from RBC Capital
RBC Capital analyst Darko Mihelic maintained a Sell rating on Laurentian Bank on November 20 and set a price target of C$25.00. The company’s shares closed last Thursday at C$32.47.
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Mihelic covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce. According to TipRanks, Mihelic has an average return of 7.2% and a 59.95% success rate on recommended stocks.
Currently, the analyst consensus on Laurentian Bank is a Moderate Sell with an average price target of $20.23.
The company has a one-year high of C$34.10 and a one-year low of C$24.37. Currently, Laurentian Bank has an average volume of 260.7K.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LRCDF in relation to earlier this year.
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