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Laurentian Bank sells retail brokerage operation with $2-billion in client assets to iA Financial Group

The deal is expected to close this summer and falls in line with the vision of Laurentian’s new chief executive officer who is looking to improve the bank’s performance by simplifying the business

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Laurentian Bank capital markets head Gunderson to depart

Kelsey Gunderson joined the Montreal-based bank in the fall of 2019, serving as chief executive officer of Laurentian Bank Securities

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Laurentian Bank reports $37.3-million quarterly profit, down from $51.9-million a year earlier

Laurentian Bank says the profit amounted to 75 cents per diluted share for the quarter ended Jan. 31, down from a profit of $1.09 per diluted share in its first quarter last year

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Automotive Properties Real Est Invt TR (TSE:APR.UN) Upgraded to "Buy" by Laurentian

Laurentian upgraded shares of Automotive Properties Real Est Invt TR (TSE:APR.UN – Free Report) from a hold rating to a buy rating in a research report report published on Monday, BayStreet.CA reports. They currently have C$12.50 price objective on the stock. APR.UN has been the subject of several other research reports. BMO Capital Markets lowered […]

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Atrium Mortgage Investment (TSE:AI) Lowered to Hold at Laurentian

Laurentian cut shares of Atrium Mortgage Investment (TSE:AI – Free Report) from a buy rating to a hold rating in a research note released on Monday morning, BayStreet.CA reports. Laurentian currently has C$13.00 price target on the stock. Several other brokerages have also weighed in on AI. TD Securities decreased their price objective on Atrium […]

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Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Given a C$15.50 Price Target by Laurentian Analysts

Laurentian set a C$15.50 target price on Dream Industrial Real Estate Invest Trst (TSE:DIR.UN – Free Report) in a research note released on Monday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock. A number of other research analysts have also weighed in on the company. Scotiabank decreased their target price on […]

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Nexus Industrial REIT (TSE:NXR.UN) PT Set at C$10.00 by Laurentian

Nexus Industrial REIT (TSE:NXR.UN – Get Free Report) has been assigned a C$10.00 price objective by stock analysts at Laurentian in a note issued to investors on Monday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Laurentian’s price target indicates a potential upside of 18.34% from the stock’s current price. NXR.UN […]

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10 TSX banks with the most attractive valuations as rates poised to fall

We are looking for how bank valuations could adjust as interest rates are expected to fall in 2024

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Laurentian Bank saw its bank account deposits leave at highest rate

The lender’s demand deposits dropped 3.3 per cent in the first two months of its fourth quarter, according to analyst research by National Bank Financial Markets

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Altius Minerals (TSE:ALS) Upgraded to Buy at Laurentian

Laurentian upgraded shares of Altius Minerals (TSE:ALS – Free Report) from a hold rating to a buy rating in a research report report published on Thursday, BayStreet.CA reports. Laurentian currently has C$23.00 price target on the stock, down from their previous price target of C$23.50. A number of other brokerages have also issued reports on […]

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