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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 |
|---|---|---|---|---|---|---|
| SU | Suncor Energy Inc | 2019 | 41.810000 | 55.8000 | CAD | 15 |
| CM | Canadian Imperial Bank of Commerce | 2019 | 104.560000 | 117.4444 | CAD | 9 |
| CNQ | Canadian Natural Resources Ltd | 2019 | 34.990000 | 48.6250 | CAD | 16 |
| CP | Canadian Pacific Railway Ltd | 2019 | 300.210000 | 325.6671 | CAD | 12 |
| WEED | Canopy Growth Corp | 2020 | 59.700000 | 77.2000 | CAD | 5 |
| WN | George Weston Ltd | 2019 | 102.510000 | 115.5000 | CAD | 4 |
| TECK.B | Teck Resources Ltd | 2019 | 26.610000 | 43.0000 | CAD | 10 |
| TECK.A | Teck Resources Ltd | 2019 | 26.610000 | 43.0000 | CAD | 10 |
| CTC.A | Canadian Tire Corp Ltd | 2019 | 138.600000 | 175.8889 | CAD | 9 |
| TSGI | The Stars Group Inc | 2019 | 22.870000 | 36.1000 | CAD | 5 |
| X | TMX Group Ltd | 2019 | 90.990000 | 102.6667 | CAD | 6 |
| VET | Vermilion Energy Inc | 2019 | 29.190000 | 42.3750 | CAD | 12 |
| SNC | SNC-Lavalin Group Inc | 2019 | 25.340000 | 40.0000 | CAD | 10 |
| WFT | West Fraser Timber Co.Ltd | 2019 | 53.770000 | 76.8333 | CAD | 6 |
| DOO | BRP Inc | 2019 | 37.650000 | 57.0000 | CAD | 7 |
| BYD.UN | Boyd Group Income Fund | 2019 | 166.740000 | 180.6364 | CAD | 11 |
| LNR | Linamar Corp | 2019 | 45.060000 | 65.7500 | CAD | 4 |
| MRC | Morguard Corp | 2019 | 188.500000 | 205.0000 | CAD | 2 |
| CGO | Cogeco Inc | 2020 | 83.520000 | 102.5000 | CAD | 2 |
| EQB | Equitable Group Inc | 2019 | 69.150000 | 85.0000 | CAD | 7 |
| CJT | Cargojet Inc | 2019 | 85.470000 | 98.1250 | CAD | 8 |
| AFN | Ag Growth International Inc | 2019 | 53.490000 | 72.6250 | CAD | 8 |
| SEA | Seabridge Gold Inc | 2019 | 15.020000 | 26.0000 | CAD | 1 |
| GSY | goeasy Ltd | 2019 | 48.920000 | 63.8333 | CAD | 6 |
| IDG | Indigo Books & Music Inc | 2020 | 9.460000 | 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.
TECK.B:TSE Teck Resources
http://www.teck.com
Teck Resources has 10700 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.
CTC.A:TSE Canadian Tire Corp
http://www.canadiantire.ca
Canadian Tire Corp has 31686 employees and is headquartered in Canada.
Canadian Tire Corp Ltd operates a nationwide store network that sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories. Its stores are branded under the name Mark’s, Sport Chek, Atmosphere, and PartSource monikers.
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.