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.
Fully Valued Stocks on TSE
Today we are looking at companies that are considered fully valued based on the Analyst data in the StockCalc database.
In this table 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 |
|---|---|---|---|---|---|---|
| CTC | Canadian Tire Corp Ltd | 2017 | 201.370000 | 173.4444 | CAD | 9 |
| ACO.Y | Atco Ltd | 2017 | 50.150000 | 48.4000 | CAD | 5 |
| ACO.X | Atco Ltd | 2017 | 50.240000 | 48.4000 | CAD | 5 |
| EMP.A | Empire Co Ltd | 2018 | 18.690000 | 17.7143 | CAD | 7 |
| PJC.A | The Jean Coutu Group (PJC) Inc | 2018 | 20.190000 | 19.5714 | CAD | 7 |
| TIH | Toromont Industries Ltd | 2017 | 45.410000 | 43.5000 | CAD | 8 |
| RNW | TransAlta Renewables Inc | 2017 | 15.660000 | 15.4500 | CAD | 10 |
| BEI.UN | Boardwalk Real Estate Investment Trust | 2017 | 47.010000 | 43.9500 | CAD | 10 |
| TCL.A | Transcontinental Inc | 2017 | 23.590000 | 23.4286 | CAD | 7 |
| TCL.B | Transcontinental Inc | 2017 | 23.780000 | 23.4286 | CAD | 7 |
| NVU.UN | Northview Apartment Real Estate Investment Trust | 2017 | 21.610000 | 21.0357 | CAD | 7 |
| EXE | Extendicare Inc | 2017 | 10.530000 | 10.1250 | CAD | 4 |
| NWH.UN | Northwest Healthcare Properties Real Estate Investment Trust | 2017 | 10.800000 | 10.6417 | CAD | 6 |
| XSR | Sirius XM Canada Holdings Inc | 2017 | 5.580000 | 4.7500 | CAD | 4 |
| CMG | Computer Modelling Group Ltd | 2018 | 9.890000 | 9.1875 | CAD | 8 |
| MRD | Melcor Developments Ltd | 2017 | 16.120000 | 16.0000 | CAD | 1 |
| AW.UN | A&W Revenue Royalties Income Fund | 2017 | 39.200000 | 38.0000 | CAD | 1 |
| BPF.UN | Boston Pizza Royalties Income Fund | 2017 | 22.460000 | 18.5000 | CAD | 1 |
| FC | Firm Capital Mortgage Investment Corp | 2017 | 14.060000 | 13.5000 | CAD | 1 |
| QEC | Questerre Energy Corp | 2017 | 0.640000 | 0.6000 | CAD | 1 |
| BTB.UN | BTB Real Estate Investment Trust | 2017 | 4.700000 | 4.6500 | CAD | 2 |
| SRV.UN | SIR Royalty Income Fund | 2017 | 14.400000 | 13.5000 | CAD | 1 |
| TML | Treasury Metals Inc | 2017 | 0.800000 | 0.6500 | CAD | 1 |
| PNC.B | Postmedia Network Canada Corp | 2017 | 0.650000 | 0.2000 | CAD | 1 |
| PNC.A | Postmedia Network Canada Corp | 2017 | 0.600000 | 0.2000 | CAD | 1 |
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.
CTC:TSE Canadian Tire Corp
http://www.canadiantire.ca
Canadian Tire Corp has 29220 employees and is headquartered in Canada.
Canadian Tire Corp Ltd is engaged in the retail business. Its business is conducted through a number of banners, including Canadian Tire, Canadian Tire Gas, Mark’s, PartSource, and various FGL Sports banners.
ACO.Y:TSE Atco
http://www.atco.com
Atco has 6751 employees and is headquartered in Canada.
Atco Ltd generates, transmits and distributes electricity to customers. The company is also engaged in structures and logistics and pipelines and liquids business activities.
Free Valuation
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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.