Teck Resources (TECK.B:TSE) and Canadian Tire Corp (CTC.A:TSE) Are Undervalued

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.

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
ENB Enbridge Inc 2017 53.510000 65.5000 CAD 10
BMO Bank of Montreal 2017 93.660000 107.1111 CAD 9
CNQ Canadian Natural Resources Ltd 2017 42.010000 53.3571 CAD 14
CM Canadian Imperial Bank of Commerce 2017 106.660000 122.2222 CAD 9
CP Canadian Pacific Railway Ltd 2017 210.400000 222.3747 CAD 13
WN George Weston Ltd 2017 122.230000 138.0000 CAD 4
TECK.B Teck Resources Ltd 2017 25.290000 40.3750 CAD 8
TECK.A Teck Resources Ltd 2017 25.860000 40.3750 CAD 8
CTC.A Canadian Tire Corp Ltd 2017 151.850000 178.6667 CAD 9
CCL.A CCL Industries Inc 2017 299.490000 340.0000 CAD 6
CCL.B CCL Industries Inc 2017 302.080000 340.0000 CAD 6
SNC SNC-Lavalin Group Inc 2017 51.120000 66.5556 CAD 9
TOU Tourmaline Oil Corp 2017 27.990000 41.3333 CAD 12
VET Vermilion Energy Inc 2017 46.900000 58.4583 CAD 12
MDA MacDonald Dettwiler and Associates Ltd 2017 62.900000 82.2000 CAD 10
MRC Morguard Corp 2017 185.000000 210.0000 CAD 2
TXG Torex Gold Resources Inc 2017 23.330000 35.2778 CAD 9
LAS.A Lassonde Industries Inc 2017 236.000000 250.0000 CAD 1
BYD.UN Boyd Group Income Fund 2017 89.420000 100.1000 CAD 10
CGO Cogeco Inc 2018 67.450000 79.0000 CAD 2
BAD Badger Daylighting Ltd 2017 22.410000 32.8000 CAD 5
BNE Bonterra Energy Corp 2017 18.620000 30.1563 CAD 16
CJT Cargojet Inc 2017 45.020000 55.9167 CAD 6
GSY goeasy Ltd 2017 31.810000 42.6000 CAD 5
TRIL Trillium Therapeutics Inc 2017 8.050000 20.5017 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.

TECK.B:TSE Teck Resources

Teck Resources has 9400 employees and is headquartered in Canada.
Teck Resources Ltd is engaged in mining and related activities including exploration, development, processing, smelting, refining and reclamation. Its products include steelmaking coal, copper, zinc and lead.

CTC.A:TSE Canadian Tire Corp

Canadian Tire Corp has 29220 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

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.