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Laurentian Bank (LB-T)

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Laurentian Bank
LB-T

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What the experts are saying about LB-T

Signal	Opinion	Expert
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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Teal Linde Portfolio , Linde Equity Report... Price $38.760 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) banks 0 0 0 0 0 0 comments	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) banks 0 0 0 0 0 0 comments Ross Healy Chairman, Strategic Analysis C... Price $39.660 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) banks 0 0 0 0 0 0 comments	A good quality stock in a strong growing province. A good long term hold. Yield 6.5%. (Analysts’ price target is $44.22) banks 0 0 0 0 0 0 comments Ross Healy Chairman, Strategic Analysis C... Price $39.660 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Brian Madden Senior VP , Goodreid Investment ... Price $40.810 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $41.330 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Bryden Teich Portfolio , Avenue Investment Ma... Price $41.330 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $41.560 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Norman Levine Managing D, Portfolio Management... Price $42.430 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Bruce Campbell President, Campbell and Lee Inv... Price $41.070 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Michael Sprung President, Sprung Investment Ma... Price $40.770 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Brian Madden Senior VP , Goodreid Investment ... Price $40.770 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Benj Gallander President, Contra the Heard Inv... Price $41.920 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $41.100 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%. banks 0 0 0 0 0 0 comments	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%. banks 0 0 0 0 0 0 comments Ross Healy Chairman, Strategic Analysis C... Price $40.660 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. banks 0 0 0 0 0 0 comments	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. banks 0 0 0 0 0 0 comments David Driscoll President , Liberty Internationa... Price $40.660 Owned No

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