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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 |
---|---|---|---|---|---|---|
RY | Royal Bank of Canada | 2018 | 96.880000 | 110.8889 | CAD | 9 |
BNS | Bank of Nova Scotia | 2018 | 76.960000 | 90.7000 | CAD | 10 |
ENB | Enbridge Inc | 2018 | 39.820000 | 54.6364 | CAD | 11 |
CM | Canadian Imperial Bank of Commerce | 2018 | 112.830000 | 132.7778 | CAD | 9 |
TRP | TransCanada Corp | 2018 | 53.870000 | 68.3333 | CAD | 9 |
CP | Canadian Pacific Railway Ltd | 2018 | 241.010000 | 256.6445 | CAD | 13 |
L | Loblaw Companies Ltd | 2018 | 66.070000 | 78.1250 | CAD | 8 |
TECK.B | Teck Resources Ltd | 2018 | 34.070000 | 45.1000 | CAD | 10 |
DOL | Dollarama Inc | 2018 | 151.710000 | 167.2000 | CAD | 10 |
IFC | Intact Financial Corp | 2018 | 97.210000 | 108.7083 | CAD | 12 |
WN | George Weston Ltd | 2018 | 103.890000 | 122.2500 | CAD | 4 |
CTC.A | Canadian Tire Corp Ltd | 2018 | 163.100000 | 191.5556 | CAD | 9 |
SNC | SNC-Lavalin Group Inc | 2018 | 55.580000 | 70.8500 | CAD | 10 |
IAG | Industrial Alliance Insurance and Financial Services Inc | 2018 | 52.190000 | 63.6667 | CAD | 9 |
LNR | Linamar Corp | 2018 | 66.090000 | 85.6667 | CAD | 6 |
PBH | Premium Brands Holdings Corp | 2018 | 115.200000 | 133.2222 | CAD | 9 |
MAXR | Maxar Technologies Ltd | 2018 | 60.830000 | 83.7222 | CAD | 9 |
CCA | Cogeco Communications Inc | 2019 | 69.870000 | 83.7778 | CAD | 9 |
APH | Aphria Inc | 2019 | 11.730000 | 24.9643 | CAD | 7 |
MRC | Morguard Corp | 2018 | 173.000000 | 205.0000 | CAD | 2 |
CGO | Cogeco Inc | 2019 | 64.960000 | 86.5000 | CAD | 2 |
EQB | Equitable Group Inc | 2018 | 55.970000 | 69.6250 | CAD | 8 |
SEA | Seabridge Gold Inc | 2018 | 14.740000 | 29.0000 | CAD | 1 |
KBL | K-Bro Linen Inc | 2018 | 34.440000 | 47.3333 | CAD | 6 |
ONC | Oncolytics Biotech Inc | 2018 | 9.660000 | 22.4063 | CAD | 4 |
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 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.
DOL:TSE Dollarama
http://www.dollarama.com
Dollarama has 19770 employees and is headquartered in Canada.
Dollarama Inc operates dollar stores in Canada that sell all items for $4 or less. The Company maintains retail operations in every Canadian province.
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.