Raymond James Cuts Laurentian Bank of Canada (TSE:LB) Price Target to C$27.00

Laurentian Bank of Canada (TSE:LB - Free Report) had its price target trimmed by Raymond James from C$29.00 to C$27.00 in a research report report published on Monday,BayStreet.CA reports. Raymond James also issued estimates for Laurentian Bank of Canada's Q2 2025 earnings at $0.79 EPS, Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.88 EPS, FY2025 earnings at $3.21 EPS, Q1 2026 earnings at $92.00 EPS, Q2 2026 earnings at $0.84 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.94 EPS and FY2026 earnings at $3.51 EPS.

LB has been the topic of several other reports. BMO Capital Markets increased their target price on shares of Laurentian Bank of Canada from C$28.00 to C$31.00 in a research note on Monday, December 9th. Scotiabank cut their price objective on shares of Laurentian Bank of Canada from C$33.00 to C$28.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 20th. CIBC boosted their target price on Laurentian Bank of Canada from C$28.00 to C$31.00 in a research report on Tuesday, November 26th. National Bankshares upped their price target on Laurentian Bank of Canada from C$25.00 to C$27.00 and gave the stock an "underperform" rating in a research note on Monday, December 9th. Finally, Jefferies Financial Group raised their price objective on Laurentian Bank of Canada from C$29.00 to C$30.00 and gave the company a "hold" rating in a research note on Monday, December 9th. Three analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of C$28.00.

Remove Ads

Laurentian Bank of Canada Stock Down 0.3 %

LB traded down C$0.08 during trading on Monday, hitting C$26.72. The company's stock had a trading volume of 100,866 shares, compared to its average volume of 194,420. The firm has a market capitalization of C$1.18 billion, a P/E ratio of -213.11, a PEG ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a twelve month low of C$24.45 and a twelve month high of C$31.74. The stock's fifty day moving average price is C$28.17 and its 200-day moving average price is C$27.72.

Laurentian Bank of Canada Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Saturday, March 15th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend is Friday, March 7th. Laurentian Bank of Canada's payout ratio is currently -1,499.45%.

Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.