Laurentian Bank of Canada (OTCMKTS:LRCDF – Get Free Report) is projected to post its results before the market opens on Friday, February 27th. Analysts expect Laurentian Bank of Canada to post earnings of $0.5120 per share and revenue of $181.9060 million for the quarter.
Laurentian Bank of Canada Trading Up 0.1%
LRCDF stock opened at $29.33 on Thursday. Laurentian Bank of Canada has a 1 year low of $18.00 and a 1 year high of $29.61. The stock has a 50-day simple moving average of $29.20 and a 200-day simple moving average of $25.80.
Wall Street Analysts Forecast Growth
LRCDF has been the topic of several recent analyst reports. Scotiabank reaffirmed a “sector perform” rating on shares of Laurentian Bank of Canada in a report on Wednesday, December 3rd. Raymond James Financial lowered shares of Laurentian Bank of Canada from a “market perform” rating to an “underperform” rating in a research note on Friday, December 5th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Laurentian Bank of Canada in a research report on Monday, December 8th. Finally, Royal Bank Of Canada raised Laurentian Bank of Canada to a “sector perform” rating in a report on Friday, December 5th. Four equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.
Laurentian Bank of Canada Company Profile
The Laurentian Bank of Canada (OTCMKTS:LRCDF) is headquartered in Quebec City and is one of Canada’s Schedule I banks. Established in 1846, the institution has grown from a regional savings bank into a diversified financial services provider. While its core footprint remains in Quebec, the bank also serves customers in other Canadian provinces through a network of branches, digital channels and broker partnerships.
Laurentian Bank’s personal banking division offers chequing and savings accounts, mortgages, lines of credit, credit cards and payment solutions.
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