I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.
Undervalued Stocks on TSE
Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.
In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.
There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.
Today’s Data on TSE
Today’s data is for companies listed on the Toronto Stock Exchange.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # of Estimates |
|---|---|---|---|---|---|---|
| CNQ | Canadian Natural Resources Ltd | 2017 | 40.500000 | 50.1429 | CAD | 14 |
| CP | Canadian Pacific Railway Ltd | 2017 | 197.380000 | 219.6960 | CAD | 13 |
| L | Loblaw Companies Ltd | 2017 | 69.920000 | 80.3750 | CAD | 8 |
| GIB.A | CGI Group Inc | 2017 | 62.140000 | 74.3333 | CAD | 15 |
| TECK.A | Teck Resources Ltd | 2017 | 28.240000 | 38.6500 | CAD | 10 |
| TECK.B | Teck Resources Ltd | 2017 | 27.100000 | 38.6500 | CAD | 10 |
| WN | George Weston Ltd | 2017 | 111.600000 | 127.5000 | CAD | 4 |
| DOL | Dollarama Inc | 2017 | 102.650000 | 113.5455 | CAD | 11 |
| CTC.A | Canadian Tire Corp Ltd | 2017 | 152.710000 | 173.4444 | CAD | 9 |
| CCL.A | CCL Industries Inc | 2017 | 287.490000 | 325.8333 | CAD | 6 |
| CCL.B | CCL Industries Inc | 2017 | 287.240000 | 325.8333 | CAD | 6 |
| VII | Seven Generations Energy Ltd | 2017 | 25.370000 | 38.2714 | CAD | 14 |
| TOU | Tourmaline Oil Corp | 2017 | 29.890000 | 46.2917 | CAD | 12 |
| VET | Vermilion Energy Inc | 2017 | 51.930000 | 61.6250 | CAD | 12 |
| PEY | Peyto Exploration & Development Corp | 2017 | 27.710000 | 40.1167 | CAD | 15 |
| MDA | MacDonald Dettwiler and Associates Ltd | 2017 | 65.710000 | 84.0909 | CAD | 11 |
| MRC | Morguard Corp | 2017 | 188.310000 | 202.5000 | CAD | 2 |
| LAS.A | Lassonde Industries Inc | 2017 | 208.010000 | 225.0000 | CAD | 1 |
| ENGH | Enghouse Systems Ltd | 2017 | 55.880000 | 66.2500 | CAD | 4 |
| CGO | Cogeco Inc | 2017 | 61.950000 | 75.0000 | CAD | 2 |
| AGT | AGT Food and Ingredients Inc | 2017 | 33.780000 | 44.1429 | CAD | 7 |
| BNE | Bonterra Energy Corp | 2017 | 23.350000 | 33.0625 | CAD | 16 |
| GSY | goeasy Ltd | 2017 | 30.070000 | 40.2000 | CAD | 5 |
| TRIL | Trillium Therapeutics Inc | 2017 | 8.080000 | 20.0481 | CAD | 1 |
| APS | Aptose Biosciences Inc | 2017 | 1.500000 | 12.6971 | CAD | 2 |
Let’s look at a few companies…
Lets look at a couple of the companies on this list to get a better understanding of them.
GIB.A:TSE CGI Group
http://www.cgi.com
CGI Group has 68000 employees and is headquartered in Canada.
CGI Group Inc manages information technology services. The Company’s services include the management of IT and business functions, systems integration and consulting, as well as the sale of software solutions.
TECK.A:TSE Teck Resources
http://www.teck.com
Teck Resources has 9400 employees and is headquartered in Canada.
Teck Resources Ltd is engaged in mining and related activities including exploration, development, processing, smelting, refining and reclamation. Its products include steelmaking coal, copper, zinc and lead.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.
The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.