Laurentian Bank of Canada (TSE:LB) Given New C$27.00 Price Target at Raymond James

Laurentian Bank of Canada (TSE:LB) had its price objective cut by Raymond James from C$29.00 to C$27.00 in a report published on Monday morning,BayStreet.CA reports. Raymond James also issued estimates for Laurentian Bank of Canada’s 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. Scotiabank cut their price target 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 report on Thursday, February 20th. CIBC upped their target price on shares of Laurentian Bank of Canada from C$28.00 to C$31.00 in a research note on Tuesday, November 26th. Jefferies Financial Group lifted their price target on Laurentian Bank of Canada from C$29.00 to C$30.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. National Bankshares upped their price objective on Laurentian Bank of Canada from C$25.00 to C$27.00 and gave the company an “underperform” rating in a research note on Monday, December 9th. Finally, BMO Capital Markets lifted their target price on Laurentian Bank of Canada from C$28.00 to C$31.00 in a research report on Monday, December 9th. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat.com, Laurentian Bank of Canada currently has a consensus rating of “Hold” and a consensus price target of C$28.00.

Laurentian Bank of Canada Stock Up 0.6 %

LB stock opened at C$26.80 on Monday. The stock’s 50 day moving average is C$28.21 and its two-hundred day moving average is C$27.71. Laurentian Bank of Canada has a 52-week low of C$24.45 and a 52-week high of C$31.74. The company has a market capitalization of C$1.18 billion, a PE ratio of -213.75, a P/E/G ratio of 0.76 and a beta of 1.25.

Laurentian Bank of Canada Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Saturday, March 15th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date of this dividend is Friday, March 7th. Laurentian Bank of Canada’s payout ratio is -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.