Canadian Tire Corp (CTC:TSE) and Atco (ACO.Y:TSE) Are Fully Valued

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
CTC Canadian Tire Corp Ltd 2017 206.890000 173.4444 CAD 9
ACO.Y Atco Ltd 2017 52.750000 48.4000 CAD 5
ACO.X Atco Ltd 2017 52.150000 48.4000 CAD 5
EMP.A Empire Co Ltd 2018 20.050000 17.7143 CAD 7
PJC.A The Jean Coutu Group (PJC) Inc 2018 20.310000 19.5714 CAD 7
TIH Toromont Industries Ltd 2017 46.160000 43.5000 CAD 8
RNW TransAlta Renewables Inc 2017 15.830000 15.4500 CAD 10
BEI.UN Boardwalk Real Estate Investment Trust 2017 47.440000 43.9500 CAD 10
D.UN Dream Office Real Estate Investment Trust 2017 19.290000 19.1429 CAD 7
TCL.A Transcontinental Inc 2017 24.980000 23.4286 CAD 7
TCL.B Transcontinental Inc 2017 24.900000 23.4286 CAD 7
NVU.UN Northview Apartment Real Estate Investment Trust 2017 21.860000 21.0357 CAD 7
EXE Extendicare Inc 2017 10.710000 10.1250 CAD 4
XSR Sirius XM Canada Holdings Inc 2017 5.520000 4.7500 CAD 4
CMG Computer Modelling Group Ltd 2018 10.170000 9.1875 CAD 8
MRD Melcor Developments Ltd 2017 16.140000 16.0000 CAD 1
AW.UN A&W Revenue Royalties Income Fund 2017 39.340000 38.0000 CAD 1
AGF.B AGF Management Ltd 2017 6.190000 6.1071 CAD 7
BPF.UN Boston Pizza Royalties Income Fund 2017 22.460000 18.5000 CAD 1
FC Firm Capital Mortgage Investment Corp 2017 14.030000 13.5000 CAD 1
BTB.UN BTB Real Estate Investment Trust 2017 4.750000 4.6500 CAD 2
SRV.UN SIR Royalty Income Fund 2017 14.700000 13.5000 CAD 1
NXJ NexJ Systems Inc 2017 4.670000 4.5000 CAD 1
PNC.B Postmedia Network Canada Corp 2017 0.650000 0.2000 CAD 1
PNC.A Postmedia Network Canada Corp 2017 0.600000 0.2000 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.

CTC:TSE Canadian Tire Corp

http://www.canadiantire.ca
Canadian Tire Corp has 29220 employees and is headquartered in Canada.
Canadian Tire Corp Ltd is engaged in the retail business. Its business is conducted through a number of banners, including Canadian Tire, Canadian Tire Gas, Mark’s, PartSource, and various FGL Sports banners.

ACO.Y:TSE Atco

http://www.atco.com
Atco has 6751 employees and is headquartered in Canada.
Atco Ltd generates, transmits and distributes electricity to customers. The company is also engaged in structures and logistics and pipelines and liquids business activities.

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.