Canadian Natural Res (CNQ:TSE) and Canadian Imperial Bank (CM:TSE) Are Undervalued

Stockcalc – Free Trial

Have a free look inside the StockCalc website at

I have used the analysis tools on the website to generate some of the content of this blog post. These tools and reports are available for free at

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 45.470000 58.6667 CAD 15
CM Canadian Imperial Bank of Commerce 2019 122.590000 133.6667 CAD 9
TRP TransCanada Corp 2018 57.810000 69.0000 CAD 9
CP Canadian Pacific Railway Ltd 2018 265.950000 277.6520 CAD 13
L Loblaw Companies Ltd 2018 68.030000 79.6250 CAD 8
TECK.B Teck Resources Ltd 2018 29.750000 45.1944 CAD 9
TECK.A Teck Resources Ltd 2018 29.800000 45.1944 CAD 9
WN George Weston Ltd 2018 102.590000 123.5000 CAD 4
CTC.A Canadian Tire Corp Ltd 2018 163.910000 191.4444 CAD 9
TSGI The Stars Group Inc 2018 36.280000 54.0000 CAD 5
SNC SNC-Lavalin Group Inc 2018 53.520000 71.4091 CAD 11
WFT West Fraser Timber Co.Ltd 2018 87.930000 106.1667 CAD 6
VET Vermilion Energy Inc 2018 41.820000 57.3636 CAD 11
LNR Linamar Corp 2018 52.390000 79.8333 CAD 6
CCA Cogeco Communications Inc 2019 67.880000 82.5556 CAD 9
PBH Premium Brands Holdings Corp 2018 97.780000 127.6000 CAD 10
MAXR Maxar Technologies Ltd 2018 44.120000 80.8231 CAD 10
MRC Morguard Corp 2018 171.000000 205.0000 CAD 2
LAS.A Lassonde Industries Inc 2018 240.000000 277.5000 CAD 2
EQB Equitable Group Inc 2018 64.050000 75.8571 CAD 7
EIF Exchange Income Corp 2018 32.900000 44.0000 CAD 11
CGO Cogeco Inc 2019 63.790000 87.5000 CAD 2
SEA Seabridge Gold Inc 2018 14.520000 28.0000 CAD 1
TRIL Trillium Therapeutics Inc 2018 6.860000 19.5913 CAD 1
ONC Oncolytics Biotech Inc 2018 5.550000 22.1875 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.

CNQ:TSE Canadian Natural Res
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.

CM:TSE Canadian Imperial Bank
Canadian Imperial Bank has 45091 employees and is headquartered in Canada.
Canadian Imperial Bank of Commerce is a Canadian-based financial institution. The company serves its clients through retail and business banking, wealth management and wholesale banking.

Free Valuation

Run a valuation on any of the companies listed above at 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 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.