Teck Resources (TECK.B:TSE) and Dollarama (DOL:TSE) Are Undervalued

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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 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

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

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.

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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.