Laurentian Bank of Canada T.LB

Analysts

[Possibleidiot01]

• Laurentian Bank of Canada (TSE:LB) had its price target lowered by analysts at Raymond James from C$32.00 to C$27.00. They now have a "market perform" rating on the stock. This represents a 0.1% upside from the current price of C$26.96.
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• Laurentian Bank of Canada (TSE:LB) had its price target lowered by analysts at Cormark from C$28.00 to C$26.00. This represents a 3.6% downside from the current price of C$26.96.
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• Laurentian Bank of Canada (TSE:LB) had its price target lowered by analysts at National Bankshares, Inc. from C$28.00 to C$27.00. They now have an "underperform" rating on the stock. This represents a 0.1% upside from the current price of C$26.96.
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• Laurentian Bank of Canada (TSE:LB) had its price target lowered by analysts at Jefferies Financial Group Inc. from C$25.00 to C$24.00. They now have a "hold" rating on the stock. This represents a 11.0% downside from the current price of C$26.96.
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• Laurentian Bank of Canada (TSE:LB) had its price target lowered by analysts at Royal Bank of Canada from C$30.00 to C$26.00. They now have an "underperform" rating on the stock. This represents a 3.6% downside from the current price of C$26.96.

[autofocus111]

RaymondJames and Jeffries? What are they doing covering a puny Canadian bank? Don't these US-based companies have about a zillion US banks they can focus their analysis on?

[DeanEdmonton]

So Auto, these analysts covering LB was just fine by you when they were posting higher target share prices, not good now because they have seen the light? Now they should stay in their lane and leave poor little LB alone? There is a VERY good reason no one wanted to buy this steaming pile when it was up for sale. I know, haters will hate! but in my case what I hate is lousy management and Boards

[rad10]

[rad10]

You have been consistent Dean This is what I see - 7% div yield at current price, trading at 50% book (need to check latest book value). Still possibility of Desjardins buying this at a small premium. Need to look at Capital and loan loss provisions etc.

[nedstar71]

Good to see with all the downgrades the stock moving up.  2nd highest close in 4 months.  Any target below $30 out to lunch.  CIBC had it right, the rest are just posers piling on. Yes, posers.

[autofocus111]

Huh? I don't know where you got the crazy idea that I care one iota about reports issued by any sell-side analyst. I don't use that information in any of my investing decisions. My original question still stands.

[autofocus111]

I was wondering why I even saw your post. I stuck you on ignore along time ago. Now I know why... looks like SH got rid of that feature. Bummer.