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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|
|RY||Royal Bank of Canada||2018||99.960000||111.4444||CAD||9|
|BNS||Bank of Nova Scotia||2018||79.950000||91.3000||CAD||10|
|CM||Canadian Imperial Bank of Commerce||2018||114.730000||135.4444||CAD||9|
|CP||Canadian Pacific Railway Ltd||2018||239.130000||256.4627||CAD||12|
|L||Loblaw Companies Ltd||2018||66.320000||78.1250||CAD||8|
|WN||George Weston Ltd||2018||104.260000||122.2500||CAD||4|
|IFC||Intact Financial Corp||2018||96.400000||108.7083||CAD||12|
|CTC.A||Canadian Tire Corp Ltd||2018||165.870000||193.6667||CAD||9|
|CCL.B||CCL Industries Inc||2018||61.870000||73.5833||CAD||6|
|SNC||SNC-Lavalin Group Inc||2018||56.470000||70.5000||CAD||11|
|WFT||West Fraser Timber Co.Ltd||2018||89.020000||100.3333||CAD||6|
|PBH||Premium Brands Holdings Corp||2018||118.370000||132.4444||CAD||9|
|CCA||Cogeco Communications Inc||2019||68.830000||83.7778||CAD||9|
|MAXR||Maxar Technologies Ltd||2018||62.470000||85.0235||CAD||10|
|BYD.UN||Boyd Group Income Fund||2018||105.940000||121.2222||CAD||9|
|EIF||Exchange Income Corp||2018||32.870000||44.3500||CAD||10|
|EQB||Equitable Group Inc||2018||55.980000||69.7500||CAD||8|
|SEA||Seabridge Gold Inc||2018||13.920000||29.0000||CAD||1|
|KBL||K-Bro Linen Inc||2018||34.580000||47.7500||CAD||6|
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.
RY:TSE Royal Bank of Canada
Royal Bank of Canada has 78648 employees and is headquartered in Canada.
Royal Bank of Canada is one of the largest Canadian banks. It provides diversified financial services, personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services worldwide.
BNS:TSE Bank of Nova Scotia
Bank of Nova Scotia has 89755 employees and is headquartered in Canada.
Bank of Nova Scotia is an international bank and a financial service provider. The company provides personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets services.
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