Canadian Imperial Bank (CM:TSE) and Teck Resources (TECK.B: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
BMO Bank of Montreal 2019 96.730000 111.3333 CAD 9
CM Canadian Imperial Bank of Commerce 2019 109.690000 130.0000 CAD 8
CP Canadian Pacific Railway Ltd 2019 261.720000 305.6964 CAD 13
TECK.B Teck Resources Ltd 2019 30.630000 44.0850 CAD 10
TECK.A Teck Resources Ltd 2019 30.700000 44.0850 CAD 10
WN George Weston Ltd 2019 94.010000 114.2500 CAD 4
CTC.A Canadian Tire Corp Ltd 2019 147.800000 188.3333 CAD 9
SNC SNC-Lavalin Group Inc 2019 48.200000 61.7273 CAD 11
TSGI The Stars Group Inc 2019 23.790000 40.0000 CAD 5
X TMX Group Ltd 2019 76.320000 96.5000 CAD 6
DOO BRP Inc 2019 40.440000 67.6250 CAD 8
LNR Linamar Corp 2019 48.090000 76.5000 CAD 6
PBH Premium Brands Holdings Corp 2019 76.290000 94.5000 CAD 10
MRC Morguard Corp 2019 183.100000 205.0000 CAD 2
ENGH Enghouse Systems Ltd 2019 73.760000 87.5000 CAD 4
LAS.A Lassonde Industries Inc 2019 203.890000 245.0000 CAD 2
EQB Equitable Group Inc 2019 66.260000 81.0000 CAD 7
CGO Cogeco Inc 2019 66.790000 92.5000 CAD 2
CJT.A Cargojet Inc 2019 71.500000 94.0000 CAD 8
CJT Cargojet Inc 2019 73.800000 94.0000 CAD 8
AFN Ag Growth International Inc 2019 51.790000 71.3750 CAD 8
EIF Exchange Income Corp 2019 28.950000 42.9545 CAD 11
GSY goeasy Ltd 2019 41.640000 59.1667 CAD 6
MAXR Maxar Technologies Inc 2019 6.650000 22.4178 CAD 9
TRIL Trillium Therapeutics Inc 2019 2.270000 19.9907 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.

CM:TSE Canadian Imperial Bank

http://www.cibc.com
Canadian Imperial Bank has 44220 employees and is headquartered in Canada.
Canadian Imperial Bank of Commerce is a Canadian-based financial institution. The company serves its clients through retail and business banking, wealth management and wholesale banking.

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.