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Investor Insights

This summary was created by AI, based on 20 opinions in the last 12 months.

The experts have mixed opinions about Laurentian Bank, with some highlighting concerns about the company's struggling business model, management errors, and lack of technological investment, while others see potential for a turnaround with competent new management and upside potential due to valuation and growth opportunities. There is consensus on the company facing challenges and uncertainties with potential for improvement. The stock is considered a gamble and event-driven pick, with some experts suggesting it may be undervalued based on potential takeover price and scarcity value, while others caution about the company's weaknesses and the risk involved. Overall, the stock is viewed as having both potential for growth and significant risk.

Consensus
Mixed
Valuation
Fair Value
Similar
TD-Toronto Dominion Bank
DON'T BUY
Laurentian Bank

Would not recommend buying bank. Broken business model. Cheap business for a reason. Sub scale in terms assets. Very behind in competitive nature of business. Dividend yield tempting - but is too risky to justify investment. Cutting dividend very poor sign. 

banks
DON'T BUY
Laurentian Bank

Put itself up to buy, and no one bought. Difficult environment has gotten worse. New management. Banking is a business of scale and technology, and they can't compete. Buy something else.

banks
DON'T BUY
Laurentian Bank

Company struggles reflect cheap stock price. Would be very careful investing in company. Lots of errors within in management team. Believes credit will become a problem in going forward. Better / cheaper names in financial sector to invest in. Unsure on quality of balance sheet and assets. Would not recommend investing in right now. 

banks
DON'T BUY
Laurentian Bank

Does not own shares. Too regional for preferences. Has been a tough time for the business. Recent strategic process not going well. Would not recommend buying. Better options in sector. 

banks
DON'T BUY
Laurentian Bank

Small Canadian bank that has entered strategic review. No buyer for recent review process is a very bad sign. Concerns about debt levels and credit risk with rising interest rates. Will not recommend buying at this time. Better Canadian banks to buy.

banks
COMMENT
Laurentian Bank

It has a good presence in Quebec. They are interested in selling but he doesn't see who would buy them.

banks
DON'T BUY
Laurentian Bank

Not very attractive as a bank, otherwise it would have been snapped up. Hasn't invested in IT, not efficient, no scale. Not sure of a sale. Very interesting asset in the US, an inventory finance company. It's possible someone in the US will buy that part, while someone in Canada buys the banking part. 

banks
DON'T BUY
Laurentian Bank

Does not own shares.
Not a good deposit rate.
Cost of funding higher than competitors in sector.
Strategic review not generating prospects.
Not a good investment.
Holding as potential M&A target not a good strategy. 

banks
DON'T BUY
Laurentian Bank

Better banks to own with better assets, balance sheets, and management. Price popped, then dropped when 2 of the big banks took a pass on buying. If there are no buyers, you're left with a lower quality bank. Going with the biggest and best will provide defensiveness plus capital to grow.

banks
DON'T BUY
Laurentian Bank

Not able to predict whether company will sell.
Not investing enough in tech.
Weak company at the moment.
Not expecting a major premium if company sells. 

banks
HOLD
Laurentian Bank

He's inclined to sit tight. Media negativity could have ulterior motives. Easy to slam without repercussions, as it's not a big investment banker. It only needs one buyer, and all assets have a price. Would be attractive for expanding scale or into Quebec.

banks
DON'T BUY
Laurentian Bank

The chart broke out. Though shares are higher, people bought at $45, and that is resistance. It's a gamble that it will merge with another bank.

banks
TOP PICK
Laurentian Bank

A short-term, event-driven pick. For sale, a unique opportunity in Canada for competitors to increase market share, especially in Quebec. Book value is $60 per share. Sees takeout price at $54-60, so 25-40% upside from today's price. Yield is 4.36%.

(Analysts’ price target is $43.42)
banks
COMMENT
Laurentian Bank

They might sell LB and there's a good market for Canadian banks now, but regulatory issues could block it. If you're sitting on a 30% profit, yes, you can take profits. Yields more than 4%.

banks
COMMENT
Laurentian Bank

Thinks all big 6 Canadian banks would be interested in buying it. A purchase will be accretive and lower LB's cost of capital.

banks
Showing 1 to 15 of 247 entries

Laurentian Bank(LB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 11

Total Signals / Votes : 15

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, 15 stock analysts published opinions about LB-T. 1 analyst recommended to BUY the stock. 11 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?

15 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 2024-03-18, Laurentian Bank (LB-T) stock closed at a price of $27.44.