Laurentian Financial institution of Canada (TSE:LB – Get Score) Director Nicholas Zelenczuk acquired 1,000 shares of Laurentian Financial institution of Canada inventory in a transaction on Tuesday, September thirteenth. The shares have been purchased at a mean worth of C$33.79 per share, with a complete worth of C$33,789.50. Following the completion of the transaction, the director now instantly owns 4,000 shares of the corporate’s inventory, valued at roughly C$135,158.
Laurentian Financial institution of Canada Inventory Efficiency
Shares of LB traded down C$1.36 throughout mid-day buying and selling on Friday, hitting C$32.83. 1,250,313 shares of the corporate’s inventory have been exchanged, in comparison with its common quantity of 201,465. The corporate has a market cap of C$1.42 billion and a price-to-earnings ratio of 25.45. Laurentian Financial institution of Canada has a fifty-two week low of C$32.80 and a fifty-two week excessive of C$45.29. The inventory’s 50-day transferring common is C$39.49 and its 200-day transferring common is C$40.05.
Analyst Rankings Adjustments
A variety of brokerages not too long ago issued experiences on LB. Nationwide Bankshares dropped their worth goal on shares of Laurentian Financial institution of Canada from C$53.00 to C$51.00 and set a “sector carry out” score for the corporate in a report on Thursday, September 1st. Barclays reissued an “equal weight” score and issued a C$40.00 worth goal on shares of Laurentian Financial institution of Canada in a report on Thursday, September 1st. CIBC dropped their worth goal on shares of Laurentian Financial institution of Canada from C$43.00 to C$40.00 in a report on Wednesday, September seventh. CSFB dropped their worth goal on shares of Laurentian Financial institution of Canada from C$43.00 to C$39.00 in a report on Thursday, September 1st. Lastly, TD Securities dropped their worth goal on shares of Laurentian Financial institution of Canada from C$47.00 to C$41.00 and set a “maintain” score for the corporate in a report on Thursday, September 1st. Three funding analysts have rated the inventory with a promote score, 5 have issued a maintain score and one has assigned a purchase score to the corporate’s inventory. In response to MarketBeat, the inventory presently has a consensus score of “Maintain” and a consensus worth goal of C$43.20.
Laurentian Financial institution of Canada Firm Profile
(Get Score)
Laurentian Financial institution of Canada, along with its subsidiaries, supplies varied monetary companies to non-public, enterprise, and institutional clients in Canada and the US. It operates by three segments: Private Banking, Business Banking, and Capital Markets. The corporate gives discover, demand, and time period deposits; business, residential mortgage, and private loans; actual property, and gear and stock financing; and credit score life and incapacity insurance coverage merchandise.
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