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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 |
|---|---|---|---|---|---|---|
| RY | Royal Bank of Canada | 2018 | 91.970000 | 102.4150 | CAD | 10 |
| ENB | Enbridge Inc | 2018 | 50.150000 | 64.6000 | CAD | 10 |
| CNR | Canadian National Railway Co | 2018 | 99.570000 | 111.6788 | CAD | 12 |
| CM | Canadian Imperial Bank of Commerce | 2018 | 107.270000 | 119.2430 | CAD | 10 |
| CP | Canadian Pacific Railway Ltd | 2018 | 193.400000 | 228.3277 | CAD | 13 |
| L | Loblaw Companies Ltd | 2018 | 66.710000 | 80.7500 | CAD | 8 |
| GIB.A | CGI Group Inc | 2018 | 62.820000 | 74.8571 | CAD | 14 |
| CCL.A | CCL Industries Inc | 2018 | 58.000000 | 71.5714 | CAD | 7 |
| CCL.B | CCL Industries Inc | 2018 | 57.350000 | 71.5714 | CAD | 7 |
| DOL | Dollarama Inc | 2017 | 136.430000 | 148.7000 | CAD | 10 |
| TECK.B | Teck Resources Ltd | 2018 | 25.690000 | 37.4444 | CAD | 9 |
| TECK.A | Teck Resources Ltd | 2018 | 25.750000 | 37.4444 | CAD | 9 |
| WN | George Weston Ltd | 2018 | 106.780000 | 131.7500 | CAD | 4 |
| CTC.A | Canadian Tire Corp Ltd | 2018 | 147.460000 | 182.2222 | CAD | 9 |
| SNC | SNC-Lavalin Group Inc | 2018 | 54.440000 | 68.3333 | CAD | 9 |
| TOU | Tourmaline Oil Corp | 2018 | 25.010000 | 37.6667 | CAD | 12 |
| MDA | MacDonald Dettwiler and Associates Ltd | 2018 | 67.820000 | 84.1000 | CAD | 10 |
| CGX | Cineplex Inc | 2018 | 38.780000 | 49.2222 | CAD | 9 |
| MRC | Morguard Corp | 2018 | 178.550000 | 210.0000 | CAD | 2 |
| BYD.UN | Boyd Group Income Fund | 2018 | 91.120000 | 109.0000 | CAD | 10 |
| LAS.A | Lassonde Industries Inc | 2018 | 233.000000 | 250.0000 | CAD | 1 |
| TXG | Torex Gold Resources Inc | 2018 | 20.260000 | 32.9722 | CAD | 9 |
| AFN | Ag Growth International Inc | 2018 | 55.290000 | 68.4286 | CAD | 7 |
| IDG | Indigo Books & Music Inc | 2018 | 16.140000 | 26.5000 | CAD | 2 |
| GSY | goeasy Ltd | 2018 | 29.450000 | 41.0000 | CAD | 5 |
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.
L:TSE Loblaw Cos
http://www.loblaw.ca
Loblaw Cos has 196000 employees and is headquartered in Canada.
Loblaw Companies Ltd is a retailer of food products that also provides drugstore, general merchandise and financial products and services. The company operates corporate-owned stores as well as franchised stores.
GIB.A:TSE CGI Group
http://www.cgi.com
CGI Group has 70000 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.
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.