Canopy Growth (WEED:TSE) and Aurora Cannabis (ACB:TSE) Are Fully Valued

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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
WEED Canopy Growth Corp 2019 67.570000 46.9000 CAD 5
ACB Aurora Cannabis Inc 2019 12.250000 10.1667 CAD 3
CTC Canadian Tire Corp Ltd 2019 246.300000 191.4444 CAD 9
CAR.UN Canadian Apartment Properties Real Estate Investment Trust 2019 48.150000 48.0625 CAD 12
ECI EnerCare Inc 2019 28.900000 27.5000 CAD 4
DRG.UN Dream Global Real Estate Investment Trust 2019 15.220000 15.0625 CAD 8
CRON Cronos Group Inc 2019 17.760000 11.3750 CAD 4
WJA Westjet Airlines Ltd 2019 20.000000 18.6818 CAD 11
FN First National Financial Corp 2019 29.350000 28.8000 CAD 5
CFX Canfor Pulp Products Inc 2019 26.960000 26.1000 CAD 5
MTY MTY Food Group Inc 2019 64.620000 59.0000 CAD 5
CJT.A Cargojet Inc 2019 82.980000 82.0000 CAD 6
SII Sprott Inc 2019 2.990000 2.7500 CAD 4
AI Atrium Mortgage Investment Corp 2019 13.900000 13.2500 CAD 2
MKP MCAN Mortgage Corp 2019 19.170000 17.0000 CAD 1
AW.UN A&W Revenue Royalties Income Fund 2019 36.350000 34.5000 CAD 1
NOA North American Construction Group Ltd 2019 11.930000 11.7500 CAD 4
III Imperial Metals Corp 2019 1.490000 1.4000 CAD 5
SRV.UN SIR Royalty Income Fund 2019 15.510000 14.7500 CAD 1
TGO TeraGo Inc 2019 7.600000 7.0833 CAD 3
PNC.B Postmedia Network Canada Corp 2019 1.130000 0.2000 CAD 1
PNC.A Postmedia Network Canada Corp 2019 1.350000 0.2000 CAD 1
GVC Glacier Media Inc 2019 0.750000 0.6500 CAD 1
BXE Bellatrix Exploration Ltd 2019 1.210000 1.0938 CAD 8
NVCN Neovasc Inc 2019 4.000000 0.1308 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.

WEED:TSE Canopy Growth

http://www.canopygrowth.com
Canopy Growth has 1033 employees and is headquartered in Canada.
Canopy Growth Corp through its subsidiaries is the licensed producer of medical marijuana in Canada. The company grows, produces and sells medical marijuana. It sells medical marijuana under various brand names including Tweed, Bedrocan, and Mettrum.

ACB:TSE Aurora Cannabis

http://www.auroramj.com
Aurora Cannabis has 190 employees and is headquartered in Canada.
Aurora Cannabis Inc is a medical marijuana company. The Company is engaged in producing and distributing medical marijuana pursuant to the Marijuana for Medical Purposes Regulations.

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.