Cronos Group (MJN:TSX) and The Supreme Cannabis (FIRE:TSX) Are Fully Valued

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Fully Valued Stocks on TSX

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 TSX

Today’s data is for companies listed on the TSX Venture Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
MJN Cronos Group Inc 2018 9.940000 4.6300 CAD 5
FIRE The Supreme Cannabis Co Inc 2018 2.630000 2.6000 CAD 3
ABCN ABcann Global Corp 2018 2.520000 1.9500 CAD 2
EMC Emblem Corp 2018 2.130000 2.1250 CAD 4
MVN Madalena Energy Inc 2018 0.245000 0.2200 CAD 2
ATM Atacama Pacific Gold Corp 2019 0.690000 0.5000 CAD 1
BEW BeWhere Holdings Inc 2018 0.540000 0.5200 CAD 1
PNE.R Pine Cliff Energy Ltd 2018 0.920000 0.7231 CAD 13

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.

MJN:TSX Cronos Group

http://www.thecronosgroup.com
Cronos Group has 79 employees and is headquartered in Canada.
Cronos Group Inc is a diversified and vertically integrated cannabis company. It produces and sells legal marijuana in the Canadian medical market.

FIRE:TSX The Supreme Cannabis

http://www.supreme.ca
The Supreme Cannabis has None employees and is headquartered in Canada.
The Supreme Cannabis Co Inc, formerly Supreme Pharmaceuticals Inc, is engaged in production and sale of medical marijuana. The company is a cultivator and distributor of sun-grown cannabis through its wholly-owned subsidiary 7ACRES.

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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.