Loblaw Cos (L:TSE) and Teck Resources (TECK.B: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
BNS Bank of Nova Scotia 2018 77.000000 88.5455 CAD 11
ENB Enbridge Inc 2018 42.150000 54.6000 CAD 10
CNQ Canadian Natural Resources Ltd 2018 44.170000 55.4667 CAD 15
CM Canadian Imperial Bank of Commerce 2018 117.680000 131.5000 CAD 10
TRP TransCanada Corp 2018 57.680000 68.3333 CAD 9
L Loblaw Companies Ltd 2018 67.430000 78.1250 CAD 8
TECK.B Teck Resources Ltd 2018 34.590000 45.1000 CAD 10
WN George Weston Ltd 2018 106.070000 122.2500 CAD 4
IFC Intact Financial Corp 2018 95.360000 108.6250 CAD 12
CTC.A Canadian Tire Corp Ltd 2018 173.940000 191.5556 CAD 9
SNC SNC-Lavalin Group Inc 2018 60.140000 70.6818 CAD 11
WFT West Fraser Timber Co.Ltd 2018 85.690000 102.6667 CAD 6
IAG Industrial Alliance Insurance and Financial Services Inc 2018 51.460000 63.6667 CAD 9
PBH Premium Brands Holdings Corp 2018 115.020000 133.2222 CAD 9
LNR Linamar Corp 2018 60.100000 85.6667 CAD 6
MAXR Maxar Technologies Ltd 2018 64.400000 84.6547 CAD 9
AC Air Canada 2018 23.300000 33.4545 CAD 11
CCA Cogeco Communications Inc 2019 65.880000 83.7778 CAD 9
FIH.U Fairfax India Holdings Corp 2018 17.000000 28.4577 CAD 2
APH Aphria Inc 2019 12.710000 24.7083 CAD 6
MRC Morguard Corp 2018 164.640000 205.0000 CAD 2
EIF Exchange Income Corp 2018 33.740000 44.1875 CAD 8
CGO Cogeco Inc 2019 60.750000 86.5000 CAD 2
SEA Seabridge Gold Inc 2018 15.300000 29.0000 CAD 1
ONC Oncolytics Biotech Inc 2018 7.780000 22.2500 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.

L:TSE Loblaw Cos

Loblaw Cos has 198000 employees and is headquartered in Canada.
Loblaw Companies Ltd is a retailer of food products that also provides drugstore, general merchandise and financial products and services. The company operates corporate-owned stores as well as franchised stores.

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.

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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.