Laurentian Bank of Canada T.LB.PR.H

Primary Symbol: T.LB Alternate Symbol(s): LRCDF | LAUCF

Financial Services

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.

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Laurentian Bank of Canada > IF A BUYOUT IS ANNOUNCED MONDAY AM

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Post by insidersnoop1on Nov 16, 2024 2:40pm

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Post# 36316632

IF A BUYOUT IS ANNOUNCED MONDAY AM

...........someone should be going to jail. Bollinger bands signaled a sell and RBC Capital published a SELL rating only a few days ago on Sunday Nov. 10 with a 12 month target of 25$.
If (and only if) earnings have improved in Q4 report on Dec.6, stock price will improve over time.
If there is no improvement in earnings and (God forbid) they announce a dividend cut to 4%, the share price will tank to 25$ fast.
I sold everyting I had yesterday at 28$. Nobody ever went broke taking a profit. Will wait for 25$ - 26$ range to buy back.

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