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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 |
|---|---|---|---|---|---|---|
| BNS | Bank of Nova Scotia | 2018 | 77.000000 | 88.5455 | CAD | 11 |
| ENB | Enbridge Inc | 2018 | 42.150000 | 54.6000 | CAD | 10 |
| CNQ | Canadian Natural Resources Ltd | 2018 | 44.170000 | 55.4667 | CAD | 15 |
| CM | Canadian Imperial Bank of Commerce | 2018 | 117.680000 | 131.5000 | CAD | 10 |
| TRP | TransCanada Corp | 2018 | 57.680000 | 68.3333 | CAD | 9 |
| L | Loblaw Companies Ltd | 2018 | 67.430000 | 78.1250 | CAD | 8 |
| TECK.B | Teck Resources Ltd | 2018 | 34.590000 | 45.1000 | CAD | 10 |
| WN | George Weston Ltd | 2018 | 106.070000 | 122.2500 | CAD | 4 |
| IFC | Intact Financial Corp | 2018 | 95.360000 | 108.6250 | CAD | 12 |
| CTC.A | Canadian Tire Corp Ltd | 2018 | 173.940000 | 191.5556 | CAD | 9 |
| SNC | SNC-Lavalin Group Inc | 2018 | 60.140000 | 70.6818 | CAD | 11 |
| WFT | West Fraser Timber Co.Ltd | 2018 | 85.690000 | 102.6667 | CAD | 6 |
| IAG | Industrial Alliance Insurance and Financial Services Inc | 2018 | 51.460000 | 63.6667 | CAD | 9 |
| PBH | Premium Brands Holdings Corp | 2018 | 115.020000 | 133.2222 | CAD | 9 |
| LNR | Linamar Corp | 2018 | 60.100000 | 85.6667 | CAD | 6 |
| MAXR | Maxar Technologies Ltd | 2018 | 64.400000 | 84.6547 | CAD | 9 |
| AC | Air Canada | 2018 | 23.300000 | 33.4545 | CAD | 11 |
| CCA | Cogeco Communications Inc | 2019 | 65.880000 | 83.7778 | CAD | 9 |
| FIH.U | Fairfax India Holdings Corp | 2018 | 17.000000 | 28.4577 | CAD | 2 |
| APH | Aphria Inc | 2019 | 12.710000 | 24.7083 | CAD | 6 |
| MRC | Morguard Corp | 2018 | 164.640000 | 205.0000 | CAD | 2 |
| EIF | Exchange Income Corp | 2018 | 33.740000 | 44.1875 | CAD | 8 |
| CGO | Cogeco Inc | 2019 | 60.750000 | 86.5000 | CAD | 2 |
| SEA | Seabridge Gold Inc | 2018 | 15.300000 | 29.0000 | CAD | 1 |
| ONC | Oncolytics Biotech Inc | 2018 | 7.780000 | 22.2500 | CAD | 4 |
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 198000 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.
TECK.B:TSE Teck Resources
http://www.teck.com
Teck Resources has 9600 employees and is headquartered in Canada.
Teck Resources Ltd is a mining company whose activities include exploration, development, processing, smelting, refining and reclamation. It has operations in Canada, United States, Chile and Peru. The company’s products are coal, copper, zinc and lead.
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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.