Laurentian Bank of Canada (LB) Analysts See $1.40 EPS; Resolute Forest Products (RFP) Covered By 0 Bulls

May 17, 2017 - By Marie Mckinney

Among 4 analysts covering Resolute Forest Products (NYSE:RFP), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Resolute Forest Products had 7 analyst reports since October 21, 2015 according to SRatingsIntel. The company was downgraded on Monday, April 25 by RBC Capital Markets. The rating was downgraded by TD Securities on Friday, April 1 to “Reduce”. As per Thursday, February 18, the company rating was downgraded by Dundee Securities. The firm earned “Sector Underperform” rating on Thursday, January 5 by Scotia Capital. The stock of Resolute Forest Products Inc (NYSE:RFP) earned “Outperform” rating by RBC Capital Markets on Friday, February 5. The firm has “Hold” rating given on Wednesday, April 19 by RBC Capital Markets. See Resolute Forest Products Inc (NYSE:RFP) latest ratings:

19/04/2017 Broker: RBC Capital Markets Rating: Hold New Target: $5.00 Maintain
05/01/2017 Broker: Scotia Capital Old Rating: Sector Perform New Rating: Sector Underperform New Target: $5.00 Downgrade

Analysts expect Laurentian Bank of Canada (TSE:LB) to report $1.40 EPS on June, 7.They anticipate $0.06 EPS change or 4.11% from last quarter’s $1.46 EPS. T_LB’s profit would be $47.62M giving it 9.56 P/E if the $1.40 EPS is correct. After having $1.43 EPS previously, Laurentian Bank of Canada’s analysts see -2.10% EPS growth. About 30,988 shares traded. Laurentian Bank of Canada (TSE:LB) has risen 6.00% since April 17, 2017 and is uptrending. It has by 0.00% the S&P500.

Laurentian Bank of Canada is a Canada Chartered bank. The company has market cap of $1.82 billion. The Bank and its subsidiaries provide banking services to individuals, and small and medium-sized enterprises, as well as to independent advisors across Canada. It has a 11.83 P/E ratio. It also operates as a full-service brokerage firm.

Among 3 analysts covering Laurentian Bank Of Canada (TSE:LB), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Laurentian Bank Of Canada had 35 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by Scotia Capital given on Friday, March 3. RBC Capital Markets maintained it with “Sector Perform” rating and $52 target in Thursday, July 21 report. Scotia Capital maintained the stock with “Sector Perform” rating in Thursday, September 1 report. TD Securities maintained Laurentian Bank of Canada (TSE:LB) rating on Friday, June 10. TD Securities has “Hold” rating and $52 target.

About 15,409 shares traded. Resolute Forest Products Inc (NYSE:RFP) has risen 6.00% since April 17, 2017 and is uptrending. It has by 0.00% the S&P500.