HOLD
Laurentian Bank
Hold or sell?

Pretty competent new management. Hold, and give them a chance. Implementing 3-year plan to turn fortunes around. Real opportunity. Regionally bound in the past. Tiny by Canadian standards, at $1.5B market cap. Yield over 5.5%.

banks
BUY on WEAKNESS
Laurentian Bank
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

Upside potential is better than all the big banks, due in part to valuation, size and growth opportunities in a recovery.
But we would see the risk as also significantly higher. 
A smaller bank simply has less ability to withstand losses, and has few revenue drivers and funding options.  
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banks
BUY
Laurentian Bank

Are transitioning under a new CEO. Very interesting now. Cheap valuation at nearly half times book value. Pays over a 5% dividend yield. Give it a chance. Has been constrained by its geographic footprint, but the CEO is giving it new life.

banks
PAST TOP PICK
Laurentian Bank
(A Top Pick Oct 28/21, Down 22%) The thesis has yet to work out. New CEO is making changes. A good piece for a larger bank or insurer to take out. Stock's cheap, good upside potential. Happy to hold as a turnaround story.
banks
DON'T BUY
Laurentian Bank
Fallen off from a technical perspective. He focuses on the top 5 banks. Yield is 5.4%, but it's come down over the last 5 years, which is not what you'd expect from Canadian banks. Negative dividend growth. Steer away.
banks
BUY
Laurentian Bank
Earl: Management change. Digital cost control, great footprint in Quebec. Under the radar for years. Transformational plans.
banks
DON'T BUY
Laurentian Bank
LB vs. CWB He'd buy neither right now. Financials are not necessarily what you want going into a recession. Credit losses can sting. Regional banks are not as well diversified as the bigger banks. No wealth management. CWB is more exposed to commercial and industrial loans, so losses can be greater. CWB edges out LB by a hair.
banks
PAST TOP PICK
Laurentian Bank
(A Top Pick May 04/21, Down 5%) Lagged the other banks. New CEO. Small, regional. Value play among the banks. For an income-oriented portfolio mandate, rather than a total return mandate.
banks
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Laurentian Bank
(A Top Pick Oct 21/21, Down 7.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LB has triggered its stop at $38. To remain disciplined, we recommend covering the position at this time. Combined with our previous buy recommendation, this will result in a net investment loss of 9%. We will look for better opportunities.
banks
PAST TOP PICK
Laurentian Bank
(A Top Pick Nov 18/20, Up 39%) Whole outlook for banks in Canada is very positive. Covid reserves are not needed, and they get moved back into earnings. Cheap stock and possibly profound dividend potential when allowed.
banks
TOP PICK
Laurentian Bank
Likes all the Big 5 banks, as they all have room to grow in price to book plus dividends. LB remains the cheap outlier. Buy an ETF, or buy this one if you want something really cheap. Yield is 3.88%. (Analysts’ price target is $46.36)
banks
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Laurentian Bank
Stockchase Research Editor: Michael O'Reilly We reiterate LB as a TOP PICK. It trades good value here at 10x earnings. It has a great dividend, backed by a payout ratio estimated at 38% of cashflow. With fewer loan defaults relative to capitalizations, the Canadian banking sector is due to see dividends increased when allowed to do so. We would buy this with a stop loss at $38, looking to achieve $46 -- upside potential over 12%. Yield 3.77% (Analysts’ price target is $46.30)
banks
DON'T BUY
Laurentian Bank
Not time to be aggressive. Lot of risks for a name like this and Canadian banks, and investors need to pay attention. Mortgage portfolios are expanding, housing prices are up 30-40%, and this is a lot of risk in an economy that's slowing.
banks
PAST TOP PICK
Laurentian Bank
(A Top Pick Nov 18/20, Up 42%) He bought it at its long-term low, yet remains inexpensive in terms of valuation. It restored the dividend they had cut.
banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Laurentian Bank
Stockchase Research Editor: Michael O'Reilly LB is trading at 11x earnings, compared to peers at 23x. With good growth prospects, its PEG ratio is 0.8 and it trades just under its book value. It has a great dividend, backed by a payout ratio estimated at 43 of cashflow. We would buy this with a stop loss at $38, looking to achieve $46. Yield 3.77% (Analysts’ price target is $44.70)
banks
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Laurentian Bank(LB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 8

Stockchase rating for Laurentian Bank is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Laurentian Bank(LB-T) Frequently Asked Questions

What is Laurentian Bank stock symbol?

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

Is Laurentian Bank a buy or a sell?

In the last year, 8 stock analysts published opinions about LB-T. 5 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Laurentian Bank.

Is Laurentian Bank a good investment or a top pick?

Laurentian Bank was recommended as a Top Pick by on . Read the latest stock experts ratings for Laurentian Bank.

Why is Laurentian Bank stock dropping?

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.

Is Laurentian Bank worth watching?

8 stock analysts on Stockchase covered Laurentian Bank In the last year. It is a trending stock that is worth watching.

What is Laurentian Bank stock price?

On 2023-03-31, Laurentian Bank (LB-T) stock closed at a price of $31.81.