Stockcalc – Free Trial
Have a free look inside the StockCalc website at www.stockcalc.com
I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.
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 |
|---|---|---|---|---|---|---|
| SU | Suncor Energy Inc | 2019 | 44.220000 | 55.8000 | CAD | 15 |
| CM | Canadian Imperial Bank of Commerce | 2019 | 109.950000 | 126.8750 | CAD | 8 |
| CP | Canadian Pacific Railway Ltd | 2019 | 284.710000 | 310.6226 | CAD | 12 |
| WEED | Canopy Growth Corp | 2020 | 56.310000 | 69.0000 | CAD | 5 |
| WN | George Weston Ltd | 2019 | 101.610000 | 112.7500 | CAD | 4 |
| CCL.B | CCL Industries Inc | 2019 | 55.090000 | 64.8750 | CAD | 8 |
| CCL.A | CCL Industries Inc | 2019 | 55.260000 | 64.8750 | CAD | 8 |
| CTC.A | Canadian Tire Corp Ltd | 2019 | 145.570000 | 176.7778 | CAD | 9 |
| AC | Air Canada | 2019 | 32.530000 | 42.4545 | CAD | 11 |
| TSGI | The Stars Group Inc | 2019 | 25.610000 | 38.6000 | CAD | 5 |
| SNC | SNC-Lavalin Group Inc | 2019 | 34.360000 | 44.9091 | CAD | 11 |
| X | TMX Group Ltd | 2019 | 87.640000 | 97.5000 | CAD | 6 |
| WFT | West Fraser Timber Co.Ltd | 2019 | 67.120000 | 79.8333 | CAD | 6 |
| DOO | BRP Inc | 2019 | 40.930000 | 56.7500 | CAD | 8 |
| LNR | Linamar Corp | 2019 | 51.260000 | 67.2500 | CAD | 4 |
| PBH | Premium Brands Holdings Corp | 2019 | 76.310000 | 90.0000 | CAD | 10 |
| CGO | Cogeco Inc | 2019 | 81.840000 | 102.5000 | CAD | 2 |
| LAS.A | Lassonde Industries Inc | 2019 | 171.000000 | 195.0000 | CAD | 1 |
| EQB | Equitable Group Inc | 2019 | 70.670000 | 82.4286 | CAD | 7 |
| AFN | Ag Growth International Inc | 2019 | 60.010000 | 72.6250 | CAD | 8 |
| CJT | Cargojet Inc | 2019 | 77.040000 | 96.7143 | CAD | 7 |
| CJT.A | Cargojet Inc | 2019 | 79.250000 | 96.7143 | CAD | 7 |
| SEA | Seabridge Gold Inc | 2019 | 15.310000 | 26.0000 | CAD | 1 |
| GSY | goeasy Ltd | 2019 | 45.980000 | 60.8333 | CAD | 6 |
| IDG | Indigo Books & Music Inc | 2020 | 9.750000 | 21.0000 | 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 2700 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.
WN:TSE George Weston
http://www.weston.ca
George Weston has 197000 employees and is headquartered in Canada.
George Weston Limited is in food and drug retail business through its control of Loblaw Companies Ltd which provides with pharmacy, health, apparel, general merchandise, banking, credit card services; and Weston Foods offering fresh and frozen products.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.
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.