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 Apr, 24, 2019, 5:35 pm

41.85 0.21 (0.5%)

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) 

April 23, 2019

They've had issues with mortgage lending and loan portfolio in the past few quarters. But others, like RY (that he owns) offer a good 4.5% dividend and offer a lot less risk.
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They've had issues with mortgage lending and loan portfolio in the past few quarters. But others, like RY (that he owns) offer a good 4.5% dividend and offer a lot less risk.
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Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$41.640
Owned Owned
No

DON'T BUY
Laurentian Bank(LB-T) 

March 26, 2019

The smaller the bank, the more it'll get hurt in a recession. Go big in banks.
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The smaller the bank, the more it'll get hurt in a recession. Go big in banks.
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David Baskin

President, Baskin Wealth Manage...

Price Price
$41.510
Owned Owned
Unknown

COMMENT
Laurentian Bank(LB-T) 

March 20, 2019

LB vs. NB He prefers NB. LB is a lot smaller. You're comparing a regional bank vs. a full-service bank. NB participates in national markets and exposure to business banking.
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LB vs. NB He prefers NB. LB is a lot smaller. You're comparing a regional bank vs. a full-service bank. NB participates in national markets and exposure to business banking.
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Michael Sprung

President, Sprung Investment Ma...

Price Price
$41.400
Owned Owned
Unknown

BUY
Laurentian Bank(LB-T) 

March 7, 2019

The juicy dividend sticks out. He thinks it is safe, but you have to be able to stomach some volatility. Their business lines are concentrated on the Canadian consumer, vs. BNS-T, which is international. The dividend is safe but it could have a 20% correction from here. It is not a screaming buy although the yield is tough to replace.
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The juicy dividend sticks out. He thinks it is safe, but you have to be able to stomach some volatility. Their business lines are concentrated on the Canadian consumer, vs. BNS-T, which is international. The dividend is safe but it could have a 20% correction from here. It is not a screaming buy although the yield is tough to replace.
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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$40.360
Owned Owned
Unknown

WEAK BUY
Laurentian Bank(LB-T) 

February 22, 2019

LB hasn't followed the big Canadian banks. It's been sideways for many years. It's been a definite downtrend since late 2017. Recently, it looks like it's breaking the downtrend, which is positive. Now, the chart looks good. He's okay with it.
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LB hasn't followed the big Canadian banks. It's been sideways for many years. It's been a definite downtrend since late 2017. Recently, it looks like it's breaking the downtrend, which is positive. Now, the chart looks good. He's okay with it.
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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$45.710
Owned Owned
Unknown

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

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