Coverage Initiated on Money Center Bank Stocks National Bank of Canada, Bank of Montreal, Canadian Western Bank, and Laurentian Bank of Canada

LONDON, UK / ACCESSWIRE / July 26, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Money Center Banks industry. Companies recently under review include National Bank of Canada, Bank of Montreal, Canadian Western Bank, and Laurentian Bank of Canada. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Monday, July 25, 2016, the TSX Composite Index lost 0.70%, to finish at 14,498.10. The Financials Index closed slightly down 0.06% at 249.97 at the end of the day.

Active Wall St. has initiated coverage on the following equities: National Bank of Canada (TSX: NA), Bank of Montreal (TSX: BMO), Canadian Western Bank (TSX: CWB), and Laurentian Bank of Canada (TSX: LB). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

National Bank of Canada (TSX: NA)

On Monday, shares in Montreal, Canada headquartered National Bank of Canada recorded a trading volume of 436,861 shares. The stock ended the day 0.20% lower at $44.98. National Bank of Canada’s stock has advanced 2.11% in the last one month, 0.04% in the previous three months, and 0.76% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $44.70 is above its 200-day moving average of $41.93. Shares of the Company, which provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada, the United States, Europe, and globally, traded at a PE ratio of 13.23. See our notes on NA.TO at: http://www.activewallst.com/registration-3/?symbol=NA.

Bank of Montreal (TSX: BMO)

Montreal, Canada headquartered Bank of Montreal’s stock finished Monday’s session 0.27% higher at $84.99 with a total volume of 643,924 shares traded. Over the last one month and the previous three months, the Bank of Montreal’s shares have advanced 4.33% and 3.71%, respectively. Furthermore, the stock has gained 16.31% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. Bank of Montreal’s 50-day moving average of $83.05 is above its 200-day moving average of $79.07. Shares of the Company, which provides diversified financial services primarily in North America, traded at a PE ratio of 12.78. The complimentary notes on BMO.TO at: http://www.activewallst.com/registration-3/?symbol=BMO.

Canadian Western Bank (TSX: CWB)

Edmonton, Canada headquartered Canadian Western Bank’s stock edged 0.15% lower, to close the day at $25.88. The stock recorded a trading volume of 374,215 shares, which was above its three months average volume of 337,909 shares. Canadian Western Bank’s shares have advanced 5.81% last one month and 8.88% in the past one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $25.38 is greater than its 200-day moving average of $24.23. Shares of the Company, which provides various banking products and services primarily in Western Canada, traded at a PE ratio of 7.05. Register for free and access the latest notes on CWB.TO at: http://www.activewallst.com/registration-3/?symbol=CWB.

Laurentian Bank of Canada (TSX: LB)

On Monday, shares in Montréal, Canada headquartered Laurentian Bank of Canada ended the trading session 0.33% lower at $48.80 with a total volume of 86,214 shares traded. Laurentian Bank of Canada’s shares have fallen by 2.65% in the last one month. However, the Company’s stock has advanced 3.59% in the past one year. The stock is trading above its 200-day moving average. The company’s 50-day moving average of $49.83 is greater than its 200-day moving average of $48.23. Shares of Laurentian Bank of Canada, which together with its subsidiaries, provide banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada, traded at a PE ratio of 13.80. Get free access to your notes on LB.TO at: http://www.activewallst.com/registration-3/?symbol=LB.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442840