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

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Laurentian Bank

LB-T

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Laurentian Bank (LB-T) SAVE Dec, 15, 2018, 3:26 am

38.02 0.2 (0.53%)

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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DON'T BUY
Laurentian Bank(LB-T) 

December 10, 2018

It is the only bank in North America with a unionized work force (37% of it). They are trying to come to an agreement so they can have more online services to customers. The other banks that are non-unionized have more flexibility. The valuation is cheap but so is CM-T. You could own LB-T but he prefers the other ones.
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It is the only bank in North America with a unionized work force (37% of it). They are trying to come to an agreement so they can have more online services to customers. The other banks that are non-unionized have more flexibility. The valuation is cheap but so is CM-T. You could own LB-T but he prefers the other ones.
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Teal Linde

Portfolio , Linde Equity Report...

Price Price
$38.760
Owned Owned
No

STRONG BUY
Laurentian Bank(LB-T) 

December 7, 2018

He likes this as a Top Pick. It resides in Quebec, the province with the strongest economy and where real estate value is still rising. (Analysts’ price target is $44.22)
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He likes this as a Top Pick. It resides in Quebec, the province with the strongest economy and where real estate value is still rising. (Analysts’ price target is $44.22)
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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$39.660
Owned Owned
Yes

TOP PICK
Laurentian Bank(LB-T) 

December 7, 2018

A good quality stock in a strong growing province. A good long term hold. Yield 6.5%. (Analysts’ price target is $44.22)
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A good quality stock in a strong growing province. A good long term hold. Yield 6.5%. (Analysts’ price target is $44.22)
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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$39.660
Owned Owned
Yes

DON'T BUY
Laurentian Bank(LB-T) 

December 4, 2018

Not fond of it. His worry is the lack of regional diversity. (It's based in Quebec.) They also lack a wealth management business. They stumbled last year when they suffered a scandal over mortgage underwriting that rattled investor confidence.
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Not fond of it. His worry is the lack of regional diversity. (It's based in Quebec.) They also lack a wealth management business. They stumbled last year when they suffered a scandal over mortgage underwriting that rattled investor confidence.
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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$40.810
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

November 28, 2018

He's shorting it. It's too expensive vs. peers. It pays a good yield and has a good payout ratio. But he prefers CIBC and other peers.
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He's shorting it. It's too expensive vs. peers. It pays a good yield and has a good payout ratio. But he prefers CIBC and other peers.
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Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$41.330
Owned Owned
No

HOLD
Laurentian Bank(LB-T) 

November 28, 2018

They have had disclosure issues on some mortgages and the share price has been under pressure as a result. He prefers the larger premium banks. They have a reasonable yield and multiples.
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They have had disclosure issues on some mortgages and the share price has been under pressure as a result. He prefers the larger premium banks. They have a reasonable yield and multiples.
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Bryden Teich

Portfolio , Avenue Investment Ma...

Price Price
$41.330
Owned Owned
No

BUY
Laurentian Bank(LB-T) 

November 26, 2018

National Bank vs. Laurentian Bank Laurentian, because their mortgage debacle has dragged down the stock until it's the cheapest Canadian bank. National isn't trading as much at a discount as its peers, and it has the biggest exposure to Canadian oil, which is a red flag.

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National Bank vs. Laurentian Bank Laurentian, because their mortgage debacle has dragged down the stock until it's the cheapest Canadian bank. National isn't trading as much at a discount as its peers, and it has the biggest exposure to Canadian oil, which is a red flag.

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John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$41.560
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

November 8, 2018

LB-T vs. BNS-T. Both are safe. He owns BNS-T. It is never a good idea to chase yield. BNS-T is the most international bank in Canada.
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LB-T vs. BNS-T. Both are safe. He owns BNS-T. It is never a good idea to chase yield. BNS-T is the most international bank in Canada.
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Norman Levine

Managing D, Portfolio Management...

Price Price
$42.430
Owned Owned
No

HOLD
Laurentian Bank(LB-T) 

October 29, 2018

Unlikely a bigger bank will take it over. One reason is that no big bank will take over a bank that has a union, like LB-T. They have had mortgage problems that are now fixed. Their valuation has come off while all banks are down. Hold. Dividend is safe.

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Unlikely a bigger bank will take it over. One reason is that no big bank will take over a bank that has a union, like LB-T. They have had mortgage problems that are now fixed. Their valuation has come off while all banks are down. Hold. Dividend is safe.

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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$41.070
Owned Owned
Unknown

DON'T BUY
Laurentian Bank(LB-T) 

October 24, 2018

They've had issues with mortgages in the past two years. Pays a generous dividend. Is a smaller Canadian bank. But when he consider banks, he doesn't look at LB, especially now during rising interest rates.

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They've had issues with mortgages in the past two years. Pays a generous dividend. Is a smaller Canadian bank. But when he consider banks, he doesn't look at LB, especially now during rising interest rates.

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Michael Sprung

President, Sprung Investment Ma...

Price Price
$40.770
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

October 24, 2018

A troubled bank. Problems with mortgages last year sparked a plunge in investor confidence and a stock sell-off.
He avoids laggards in a sector.

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A troubled bank. Problems with mortgages last year sparked a plunge in investor confidence and a stock sell-off.
He avoids laggards in a sector.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$40.770
Owned Owned
No

WAIT
Laurentian Bank(LB-T) 

October 22, 2018

Canadian banks don’t normally cut dividends but the dividend is high.  This is the only bank he would look at.  It could come down further during tax loss season. 

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Canadian banks don’t normally cut dividends but the dividend is high.  This is the only bank he would look at.  It could come down further during tax loss season. 

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Benj Gallander

President, Contra the Heard Inv...

Price Price
$41.920
Owned Owned
Unknown

DON'T BUY
Laurentian Bank(LB-T) 

October 15, 2018

The yield has gone up as it has been out of favour.  It went back to the lows of 2016.  There are better financial names to be in like BMO-T or RY-T or TD-T.  If it was to break down below this then it would get to a multiyear low.

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The yield has gone up as it has been out of favour.  It went back to the lows of 2016.  There are better financial names to be in like BMO-T or RY-T or TD-T.  If it was to break down below this then it would get to a multiyear low.

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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$41.100
Owned Owned
Unknown

BUY
Laurentian Bank(LB-T) 

October 12, 2018

The dividend is definitely sustainable. They are paying out less than half their earnings. They had some mortgage issues in the past, but the stock price is at a very attractive level.  Yield 6.3%.

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The dividend is definitely sustainable. They are paying out less than half their earnings. They had some mortgage issues in the past, but the stock price is at a very attractive level.  Yield 6.3%.

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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$40.660
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

October 12, 2018

Still undergoing contract negotiations. Adjusted EPS down 18%. Other income has decreased 7%. Loan growth ran into trouble. YTD, down the most of the Canadian banks. Playing catch up to its peers. Its quality is not on par with the rest of the banks.

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Still undergoing contract negotiations. Adjusted EPS down 18%. Other income has decreased 7%. Loan growth ran into trouble. YTD, down the most of the Canadian banks. Playing catch up to its peers. Its quality is not on par with the rest of the banks.

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David Driscoll

President , Liberty Internationa...

Price Price
$40.660
Owned Owned
No

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