Canadian Natural Res (CNQ:TSE) and Teck Resources (TECK.A:TSE) Are Undervalued

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



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
CNQ Canadian Natural Resources Ltd 2018 46.270000 58.6667 CAD 15
CM Canadian Imperial Bank of Commerce 2019 116.050000 130.9000 CAD 10
CP Canadian Pacific Railway Ltd 2018 255.700000 275.4316 CAD 13
TECK.A Teck Resources Ltd 2018 32.170000 45.3250 CAD 10
TECK.B Teck Resources Ltd 2018 32.000000 45.3250 CAD 10
WN George Weston Ltd 2018 109.870000 122.2500 CAD 4
IFC Intact Financial Corp 2018 95.870000 107.2917 CAD 12
CTC.A Canadian Tire Corp Ltd 2018 174.790000 191.5556 CAD 9
SNC SNC-Lavalin Group Inc 2018 56.320000 70.6818 CAD 11
WFT West Fraser Timber Co.Ltd 2018 81.730000 105.6667 CAD 6
IAG Industrial Alliance Insurance and Financial Services Inc 2018 51.200000 63.6667 CAD 9
MAXR Maxar Technologies Ltd 2018 69.240000 83.0613 CAD 10
PBH Premium Brands Holdings Corp 2018 110.960000 133.2222 CAD 9
LNR Linamar Corp 2018 55.500000 85.6667 CAD 6
CCA Cogeco Communications Inc 2019 69.600000 81.8889 CAD 9
FIH.U Fairfax India Holdings Corp 2018 16.610000 29.6070 CAD 1
APH Aphria Inc 2019 10.430000 24.4583 CAD 6
LAS.A Lassonde Industries Inc 2018 270.110000 282.5000 CAD 2
MRC Morguard Corp 2018 165.250000 205.0000 CAD 2
EIF Exchange Income Corp 2018 32.100000 43.9091 CAD 11
CGO Cogeco Inc 2019 61.420000 87.5000 CAD 2
SEA Seabridge Gold Inc 2018 15.740000 28.0000 CAD 1
AFN Ag Growth International Inc 2018 54.030000 67.2857 CAD 7
ONC Oncolytics Biotech Inc 2018 6.910000 22.2500 CAD 4
TRIL Trillium Therapeutics Inc 2018 7.230000 19.7380 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.

CNQ:TSE Canadian Natural Res

http://www.cnrl.com
Canadian Natural Res has 9973 employees and is headquartered in Canada.
Canadian Natural Resources Ltd is an oil and natural gas producers in Western Canada. Its portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas.

TECK.A:TSE Teck Resources

http://www.teck.com
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.

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.