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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 | 41.750000 | 55.4667 | CAD | 15 |
| CM | Canadian Imperial Bank of Commerce | 2019 | 105.100000 | 116.3333 | CAD | 9 |
| CP | Canadian Pacific Railway Ltd | 2019 | 317.310000 | 328.7835 | CAD | 12 |
| CNQ | Canadian Natural Resources Ltd | 2019 | 36.350000 | 48.7500 | CAD | 16 |
| WEED | Canopy Growth Corp | 2020 | 53.280000 | 73.0000 | CAD | 7 |
| TECK.B | Teck Resources Ltd | 2019 | 29.810000 | 43.2000 | CAD | 10 |
| TECK.A | Teck Resources Ltd | 2019 | 29.850000 | 43.2000 | CAD | 10 |
| WN | George Weston Ltd | 2019 | 100.140000 | 115.5000 | CAD | 4 |
| CTC.A | Canadian Tire Corp Ltd | 2019 | 143.000000 | 175.8889 | CAD | 9 |
| TSGI | The Stars Group Inc | 2019 | 21.970000 | 36.1000 | CAD | 5 |
| X | TMX Group Ltd | 2019 | 91.460000 | 104.0000 | CAD | 7 |
| SNC | SNC-Lavalin Group Inc | 2019 | 27.000000 | 40.3000 | CAD | 10 |
| TOU | Tourmaline Oil Corp | 2019 | 16.800000 | 28.5000 | CAD | 13 |
| DOO | BRP Inc | 2019 | 47.200000 | 57.5714 | CAD | 7 |
| VET | Vermilion Energy Inc | 2019 | 28.440000 | 42.1250 | CAD | 12 |
| WFT | West Fraser Timber Co.Ltd | 2019 | 60.640000 | 76.6667 | CAD | 6 |
| TFII | TFI International Inc | 2019 | 40.140000 | 52.4545 | CAD | 11 |
| BYD.UN | Boyd Group Income Fund | 2019 | 168.320000 | 182.1818 | CAD | 11 |
| LNR | Linamar Corp | 2019 | 47.660000 | 65.7500 | CAD | 4 |
| MRC | Morguard Corp | 2019 | 192.000000 | 205.0000 | CAD | 2 |
| CGO | Cogeco Inc | 2020 | 83.290000 | 105.0000 | CAD | 2 |
| SCL | Shawcor Ltd | 2019 | 17.980000 | 28.0625 | CAD | 8 |
| EQB | Equitable Group Inc | 2019 | 72.350000 | 85.0000 | CAD | 7 |
| CJT | Cargojet Inc | 2019 | 85.000000 | 98.1250 | CAD | 8 |
| AFN | Ag Growth International Inc | 2019 | 56.000000 | 72.6250 | CAD | 8 |
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.
CNQ:TSE Canadian Natural Res
https://www.cnrl.com
Canadian Natural Res has 9709 employees and is headquartered in Canada.
Canadian Natural Resources Ltd is an oil and natural gas producers in Western Canada. Its portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas.
WEED:TSE Canopy Growth
http://www.canopygrowth.com
Canopy Growth has 3200 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, and Mettrum.
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.