Laurentian Bank (LB-T) Stock Predictions - Stockchase
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151
Laurentian Bank (LB-T)

ON STOCKCHASE SINCE Feb 2001

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Laurentian Bank Laurentian Bank
LB-T

58 151
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Laurentian Bank (LB-T) SAVE

47.73

0.71 (1.51%)

Aug, 17, 2018, 12:00 am

OPINIONS

About Laurentian Bank (LB-T)

The Laurentian Bank of Canada is a financial institution founded in 1846 whose activities extend across Canada. The Bank caters to the needs of retail clients via its branch network based in Quebec. More at Wikipedia

What the experts are saying about LB-T



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Signal Opinion Expert
HOLD
Laurentian Bank(LB-T) 

August 13, 2018

It's dropped from $58 to $47 since last fall. Hold onto it at current levels. Good technical profile and risk-to-reward. Among financials, though, he prefers BMO and Fairfax.

banks

It's dropped from $58 to $47 since last fall. Hold onto it at current levels. Good technical profile and risk-to-reward. Among financials, though, he prefers BMO and Fairfax.

banks
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$46.880
Owned Owned
Unknown

BUY
Laurentian Bank(LB-T) 

August 8, 2018

A Top Pick, actually, with a great technical reversal with solid support near $45.  A short term pullback below $47 is possible and he thinks this is a good time to be buyer with $45 as a stop.  

banks

A Top Pick, actually, with a great technical reversal with solid support near $45.  A short term pullback below $47 is possible and he thinks this is a good time to be buyer with $45 as a stop.  

banks
Jeff Parent B.

VP & Portf, Castlemoore Inc....

Price Price
$47.350
Owned Owned
No

TOP PICK
Laurentian Bank(LB-T) 

July 30, 2018

The stock is trading down at a very low level.  There is probably a nice recovery of 20-25% in the stock.  (Analysts’ target: $52.40).

banks

The stock is trading down at a very low level.  There is probably a nice recovery of 20-25% in the stock.  (Analysts’ target: $52.40).

banks
Ross Healy

Chairman, Strategic Analysis C...

Price Price
$46.480
Owned Owned
Yes

WEAK BUY
Laurentian Bank(LB-T) 

June 21, 2018

If he looked at any Canadian bank this would be front of the line.  The pullback was quite something.  It is a good solid bank.  If banks take a beating, this one would do so too.

banks

If he looked at any Canadian bank this would be front of the line.  The pullback was quite something.  It is a good solid bank.  If banks take a beating, this one would do so too.

banks
Benj Gallander

President, Contra the Heard Inv...

Price Price
$45.600
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

June 15, 2018

Fundamentally, some other banks have acted better. Financials have been acting weakly. It had been in an upward channel for a couple of years, then broke the trend. Between $40 and $46 will bring buyers in, hold it there, don’t add until it’s above $55.

banks

Fundamentally, some other banks have acted better. Financials have been acting weakly. It had been in an upward channel for a couple of years, then broke the trend. Between $40 and $46 will bring buyers in, hold it there, don’t add until it’s above $55.

banks
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$44.910
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

June 6, 2018

This is a tier II bank.  It has a choppy technical pattern.  When support near $52 broke, it will now act as resistance and a new down trend has emerged.  He would avoid it, waiting for some consolidation. 

banks

This is a tier II bank.  It has a choppy technical pattern.  When support near $52 broke, it will now act as resistance and a new down trend has emerged.  He would avoid it, waiting for some consolidation. 

banks
Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$45.260
Owned Owned
No

WAIT
Laurentian Bank(LB-T) 

June 5, 2018

RSI measures how quickly a stock has moved. A low (oversold) RSI is not in itself a buy signal. A stock can remain oversold or overbought for a long while. Around $42 is a reasonable price target. LB was hit by questionable mortgages that they had to buy back. Wait until the overhead supply has been digested and a base forms.

banks

RSI measures how quickly a stock has moved. A low (oversold) RSI is not in itself a buy signal. A stock can remain oversold or overbought for a long while. Around $42 is a reasonable price target. LB was hit by questionable mortgages that they had to buy back. Wait until the overhead supply has been digested and a base forms.

banks
William Chin

Portfolio , Caldwell Investment ...

Price Price
$45.090
Owned Owned
Unknown

BUY
Laurentian Bank(LB-T) 

June 4, 2018

The fair market value of this stock is very optimistic.  It has fallen back to a support level and is an interesting buy opportunity at present.  It has a nice dividend and lots of upside potential.

banks

The fair market value of this stock is very optimistic.  It has fallen back to a support level and is an interesting buy opportunity at present.  It has a nice dividend and lots of upside potential.

banks
Ross Healy

Chairman, Strategic Analysis C...

Price Price
$45.260
Owned Owned
Unknown

HOLD
Laurentian Bank(LB-T) 

May 30, 2018

For the risk adverse investor, the mortgage issues they have recently had requiring reserve requirements and buybacks is making them a little more risky, hence the higher yield.  It is trading below book value with a 5.6% yield and he thinks the dividend is safe for a long term investor.  Yield 5.6%. 

banks

For the risk adverse investor, the mortgage issues they have recently had requiring reserve requirements and buybacks is making them a little more risky, hence the higher yield.  It is trading below book value with a 5.6% yield and he thinks the dividend is safe for a long term investor.  Yield 5.6%. 

banks
Michael Sprung

President, Sprung Investment Ma...

Price Price
$45.380
Owned Owned
No

COMMENT
Laurentian Bank(LB-T) 

May 25, 2018

Three months they stumbled on a Home Capital-like issue with their reporting. In one day, the stock fell from $60 to $55 and has drifted down futher because Canadian banks are out of favour. Under $50, this stock looks cheap. If you can wait a few quarters, this should rise 10%, and in a few years maybe return to the $60s.

banks

Three months they stumbled on a Home Capital-like issue with their reporting. In one day, the stock fell from $60 to $55 and has drifted down futher because Canadian banks are out of favour. Under $50, this stock looks cheap. If you can wait a few quarters, this should rise 10%, and in a few years maybe return to the $60s.

banks
Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$48.690
Owned Owned
No

HOLD
Laurentian Bank(LB-T) 

April 23, 2018

Stay with it if you are going to hold it.  You have the safety and a combination of yield and growth.  This one has better leverage in it.  They had a sizeable correction in the last few months.

banks

Stay with it if you are going to hold it.  You have the safety and a combination of yield and growth.  This one has better leverage in it.  They had a sizeable correction in the last few months.

banks
Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$48.720
Owned Owned
Unknown

WEAK BUY
Laurentian Bank(LB-T) 

April 18, 2018

He does not presently own this now, because he does not think this is cheap.  Although off the highs, he still thinks there is more risk in Canadian banks.  The dividend is great and this would make it worthwhile.  He prefers the US banking sector.  Yield 5.25%.

banks

He does not presently own this now, because he does not think this is cheap.  Although off the highs, he still thinks there is more risk in Canadian banks.  The dividend is great and this would make it worthwhile.  He prefers the US banking sector.  Yield 5.25%.

banks
Benj Gallander

President, Contra the Heard Inv...

Price Price
$47.910
Owned Owned
No

BUY
Laurentian Bank(LB-T) 

March 27, 2018

Compared to National Bank: Laurentian has a much lower valuation at 8x forward earnings, and a discount to book value. Laurentian could be what National was two years ago.

banks

Compared to National Bank: Laurentian has a much lower valuation at 8x forward earnings, and a discount to book value. Laurentian could be what National was two years ago.

banks
John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$47.520
Owned Owned
Unknown

DON'T BUY
Laurentian Bank(LB-T) 

March 26, 2018

He is not sure of the fundamental issues at the moment.  He is concerned about the amount of credit outstanding for banks in general.  Price targets by the analysts for this stock are seen as being a speculative buy by some – something you rarely see for a bank in Canada. 

banks

He is not sure of the fundamental issues at the moment.  He is concerned about the amount of credit outstanding for banks in general.  Price targets by the analysts for this stock are seen as being a speculative buy by some – something you rarely see for a bank in Canada. 

banks
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$47.420
Owned Owned
No

TOP PICK
Laurentian Bank(LB-T) 

March 26, 2018

A value and contrarian pick. The stock has been falling. In recent quarters there was mis-reporting, so they had to pay some penalties, but by the next quarter we should have a clear picture of this problem. Trading at 8x forward earnings, below book value with a 5.5% yield. They will turn around. You're getting paid to wait. (Analysts' price target $55.70)

banks

A value and contrarian pick. The stock has been falling. In recent quarters there was mis-reporting, so they had to pay some penalties, but by the next quarter we should have a clear picture of this problem. Trading at 8x forward earnings, below book value with a 5.5% yield. They will turn around. You're getting paid to wait. (Analysts' price target $55.70)

banks
Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$47.420
Owned Owned
Yes

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