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BMO Capital Reaffirms Their Hold Rating on Laurentian Bank (LRCDF)

Tipranks - Tipranks - Tue Mar 3, 7:17AM CST

BMO Capital analyst Sohrab Movahedi maintained a Hold rating on Laurentian Bank on February 27 and set a price target of C$40.50. The company’s shares closed last Friday at C$40.19.

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According to TipRanks, Movahedi is a 5-star analyst with an average return of 14.4% and a 63.19% success rate. Movahedi covers the Financial sector, focusing on stocks such as Toronto Dominion Bank, Royal Bank Of Canada, and National Bank of Canada.

Laurentian Bank has an analyst consensus of Hold, with a price target consensus of C$40.37, representing a 0.44% upside. In a report released on February 27, RBC Capital also maintained a Hold rating on the stock with a C$40.00 price target.

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LRCDF market cap is currently C$1.8B and has a P/E ratio of 26.75.

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