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 Feb, 21, 2019, 10:21 am

45.67 0.32 (0.71%)

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

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BUY on WEAKNESS
Laurentian Bank(LB-T) 

February 19, 2019

If he was going to buy a bank it would be this. He's seeking dividend companies. He bought it in December at $39.56 with a 6.6% dividend. It has a good chance of rising above $50 again. Since then, he has bought more. But he wouldn't buy--or sell--it at today's price, though.
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If he was going to buy a bank it would be this. He's seeking dividend companies. He bought it in December at $39.56 with a 6.6% dividend. It has a good chance of rising above $50 again. Since then, he has bought more. But he wouldn't buy--or sell--it at today's price, though.
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Benj Gallander

President, Contra the Heard Inv...

Price Price
$44.400
Owned Owned
Yes

PAST TOP PICK
Laurentian Bank(LB-T) 

January 30, 2019

(A Top Pick Mar 26/18, Down 1%) He bottom-picked this, but LB didn't produce the upside he expected. They've had trouble cutting labour costs. But he's confident they'll resolve this and continue to digitize their branches. Pays a good dividend. You may need to sit on this longer. He reduce his shares, but still owns it.
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(A Top Pick Mar 26/18, Down 1%) He bottom-picked this, but LB didn't produce the upside he expected. They've had trouble cutting labour costs. But he's confident they'll resolve this and continue to digitize their branches. Pays a good dividend. You may need to sit on this longer. He reduce his shares, but still owns it.
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Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$44.300
Owned Owned
Yes

DON'T BUY
Laurentian Bank(LB-T) 

January 7, 2019

Smaller-tier Canadian bank. Don't fool around, own one of the top-quality banks instead. Declining loan growth, issues with mortgages, which impacted the balance sheet, and it's in the penalty box. Earnings are not growing at the moment. Sell, and buy National or TD or any of the others.
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Smaller-tier Canadian bank. Don't fool around, own one of the top-quality banks instead. Declining loan growth, issues with mortgages, which impacted the balance sheet, and it's in the penalty box. Earnings are not growing at the moment. Sell, and buy National or TD or any of the others.
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Barry Schwartz

CIO & Port, Baskin Wealth Manage...

Price Price
$42.010
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

January 3, 2019

It is a much more domestic bank. The yield is higher than CM-T and banks don’t typically cut their yields. The problem is if this company can grow. You are buying this purely for the income. Are there better growth opportunities elsewhere? The yield is good.
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It is a much more domestic bank. The yield is higher than CM-T and banks don’t typically cut their yields. The problem is if this company can grow. You are buying this purely for the income. Are there better growth opportunities elsewhere? The yield is good.
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Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$38.840
Owned Owned
Unknown

BUY
Laurentian Bank(LB-T) 

January 3, 2019

Really cheap. In the last 20-25 years of history for that he has for this company only a couple of times it's been at this level. And subsequently it did very well. Best yield of the banks. What is not to like about it?
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Really cheap. In the last 20-25 years of history for that he has for this company only a couple of times it's been at this level. And subsequently it did very well. Best yield of the banks. What is not to like about it?
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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$38.840
Owned Owned
Unknown

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

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