Tag Archives: Fortis

Overvalued Stocks

Fortis (FTS:TSE) and Intact Financial (IFC:TSE) Are Fully Valued

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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.

Fully Valued Stocks on TSE

Today we are looking at companies that are considered fully valued based on the Analyst data in the StockCalc database.

In this table 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
FTS Fortis Inc 2019 52.670000 52.5455 CAD 11
IFC Intact Financial Corp 2019 123.420000 121.0909 CAD 11
H Hydro One Ltd 2019 23.070000 21.7500 CAD 12
EMA Emera Inc 2019 54.310000 53.6667 CAD 9
KL Kirkland Lake Gold Ltd 2019 54.190000 52.2727 CAD 11
CTC Canadian Tire Corp Ltd 2019 227.000000 175.8889 CAD 9
AQN Algonquin Power & Utilities Corp 2019 16.470000 15.7291 CAD 10
CRON Cronos Group Inc 2019 21.740000 20.1667 CAD 6
RNW TransAlta Renewables Inc 2019 14.010000 13.5500 CAD 10
WJA Westjet Airlines Ltd 2019 30.250000 28.8000 CAD 10
LB Laurentian Bank of Canada 2019 45.350000 42.3000 CAD 10
FN First National Financial Corp 2019 31.650000 30.6000 CAD 5
MTY MTY Food Group Inc 2019 64.960000 59.1250 CAD 4
SMU.UN Summit Industrial Income REIT 2019 13.350000 12.8929 CAD 7
LAS.A Lassonde Industries Inc 2019 198.500000 195.0000 CAD 1
JE Just Energy Group Inc 2020 5.560000 5.4500 CAD 5
SII Sprott Inc 2019 3.150000 2.6875 CAD 4
TRZ Transat A.T. Inc 2019 13.280000 12.5714 CAD 7
BLU BELLUS Health Inc 2019 2.800000 1.9000 CAD 1
MKP MCAN Mortgage Corp 2019 15.930000 13.0000 CAD 1
BTB.UN BTB Real Estate Investment Trust 2019 4.720000 4.5500 CAD 3
SRV.UN SIR Royalty Income Fund 2019 15.060000 14.7500 CAD 1
PNC.B Postmedia Network Canada Corp 2020 1.250000 0.2000 CAD 1
PNC.A Postmedia Network Canada Corp 2020 1.150000 0.2000 CAD 1
GCL Colabor Group Inc 2019 0.890000 0.6500 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.

FTS:TSE Fortis

http://www.fortisinc.com
Fortis has 8800 employees and is headquartered in Canada.
Fortis Inc is an electric and gas utility holding company. The company’s regulated utilities serves customers across Canada and in the United States and the Caribbean.

IFC:TSE Intact Financial

http://www.intactfc.com
Intact Financial has 13000 employees and is headquartered in Canada.
Intact Financial Corp is a property and casualty insurance company operating in British Columbia, Alberta, Ontario, Quebec and Nova Scotia. It distributes insurance under the Intact Insurance brand through a network of brokers.

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.

Upgraded Stocks

Fortis (FTS:TSE) and Canadian Utilities (CU.X:TSE) Upgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com/registration2.aspx

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.

Upgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been upgraded by at least one analyst in the last few days.

Why Do Companies Get Upgraded?

Companies can get upgraded for a number of reasons, but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
FTS Fortis Inc 2 4 3 0 0 0 3.8889 3.8750 Outperform
NNN National Retail Properties Inc 1 0 1 0 1 0 3.0000 2.0000 Hold
HEI.A Heico Corp 2 0 1 0 0 0 4.3333 4.0000 Outperform
HEI Heico Corp 2 0 1 0 0 0 4.3333 4.0000 Outperform
SUM Summit Materials Inc 5 0 1 0 0 0 4.6667 4.6000 Buy
OAS Oasis Petroleum Inc 4 1 2 0 0 0 4.2857 4.0000 Outperform
VSTO Vista Outdoor Inc 1 0 1 0 0 0 4.0000 3.0000 Outperform
PWE Penn West Petroleum Ltd 1 0 7 0 2 0 2.8000 2.7778 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
FTS Fortis Inc 2 4 3 0 0 0 3.8889 3.8750 Outperform
CU.X Canadian Utilities Ltd 1 1 5 0 0 0 3.4286 3.3333 Hold
CU Canadian Utilities Ltd 1 1 5 0 0 0 3.4286 3.3333 Hold
PWT Penn West Petroleum Ltd 1 0 7 0 2 0 2.8000 2.7778 Hold
QTRH Quarterhill Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
PNRA Panera Bread Co 2 0 5 0 0 0 3.5714 3.5000 Outperform
MESO Mesoblast Ltd 2 2 0 0 0 0 4.5000 4.3333 Outperform
ARCB ArcBest Corp 1 1 2 0 0 0 3.7500 3.6000 Outperform
QTRH Quarterhill Inc 2 0 1 0 0 0 4.3333 4.0000 Outperform

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.

FTS:TSE Fortis

http://www.fortisinc.com
Fortis has 8000 employees and is headquartered in Canada.
Fortis Inc is an electric and gas utility holding company. The company’s regulated utilities serves customers across Canada and in the United States and the Caribbean.

CU.X:TSE Canadian Utilities

http://www.canadianutilities.com
Canadian Utilities has 5388 employees and is headquartered in Canada.
Canadian Utilities Ltd is engaged transmission & distribution of electricity and natural gas. The Company is also involved in power generation & sales, natural gas gathering, processing, storage and liquids extraction.

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.