The Toronto-Dominion Bank (TD:TSE) and Bank of Montreal (BMO:TSE) Are Undervalued

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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
TD The Toronto-Dominion Bank 2019 68.860000 84.8889 CAD 9
BMO Bank of Montreal 2019 92.760000 111.7778 CAD 9
CM Canadian Imperial Bank of Commerce 2019 106.730000 130.0000 CAD 8
CP Canadian Pacific Railway Ltd 2019 250.950000 307.1216 CAD 12
TECK.B Teck Resources Ltd 2019 30.220000 44.6350 CAD 10
WN George Weston Ltd 2019 94.010000 114.2500 CAD 4
CTC.A Canadian Tire Corp Ltd 2019 144.290000 188.3333 CAD 9
TSGI The Stars Group Inc 2019 25.000000 40.0000 CAD 5
IAG iA Financial Corp 2019 46.360000 61.0000 CAD 9
X TMX Group Ltd 2019 70.680000 97.5000 CAD 6
DOO BRP Inc 2019 39.900000 67.6250 CAD 8
LNR Linamar Corp 2019 48.670000 76.5000 CAD 6
PBH Premium Brands Holdings Corp 2019 78.300000 94.5000 CAD 10
BYD.UN Boyd Group Income Fund 2019 115.740000 131.1042 CAD 12
MRC Morguard Corp 2019 180.010000 205.0000 CAD 2
ENGH Enghouse Systems Ltd 2019 71.580000 87.5000 CAD 4
LAS.A Lassonde Industries Inc 2019 197.000000 245.0000 CAD 2
CGO Cogeco Inc 2019 65.420000 88.0000 CAD 2
EQB Equitable Group Inc 2019 63.970000 81.2857 CAD 7
CJT Cargojet Inc 2019 73.200000 94.0000 CAD 8
CJT.A Cargojet Inc 2019 71.500000 94.0000 CAD 8
AFN Ag Growth International Inc 2019 49.760000 71.3750 CAD 8
GSY goeasy Ltd 2019 43.460000 60.0000 CAD 6
MAXR Maxar Technologies Inc 2019 7.740000 22.4624 CAD 9
TRIL Trillium Therapeutics Inc 2019 2.590000 20.0374 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.

TD:TSE The Toronto-Dominion Bank

http://www.td.com
The Toronto-Dominion Bank has 84383 employees and is headquartered in Canada.
The Toronto-Dominion Bank and its subsidiaries provide financial products and services. It offers asset management, insurance, wealth management, investment banking, wholesale banking, personal banking and commercial banking services and others.

BMO:TSE Bank of Montreal

https://www.bmo.com
Bank of Montreal has 45000 employees and is headquartered in Canada.
Bank of Montreal provides diversified financial services primarily in North America. The company offers broad range of personal and commercial banking, wealth management and investment banking products and services.

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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.