It was the cheapest bank out there, but other banks' valuations have come down, so LB isn't as cheap anymore. LB can't expand; they don't have a national footprint. He doesn't own banks now, but would rank LB down the list. TD is his choice in this sector.
Laurentian Bank is a Canadian stock, trading under the symbol LB-T on the Toronto Stock Exchange (LB-CT). It is usually referred to as TSX:LB or LB-T
In the last year, 7 stock analysts published opinions about LB-T. 1 analyst recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Laurentian Bank.
Laurentian Bank was recommended as a Top Pick by Colin Stewart on 2021-01-04. Read the latest stock experts ratings for Laurentian Bank.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered Laurentian Bank In the last year. It is a trending stock that is worth watching.
On 2021-02-24, Laurentian Bank (LB-T) stock closed at a price of $34.95.