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
CM Canadian Imperial Bank of Commerce 2019 115.710000 135.3750 CAD 8
TRP TransCanada Corp 2019 51.280000 67.9000 CAD 10
CNQ Canadian Natural Resources Ltd 2019 37.850000 57.8125 CAD 16
CP Canadian Pacific Railway Ltd 2019 270.010000 317.9300 CAD 13
L Loblaw Companies Ltd 2019 63.530000 79.1667 CAD 6
TECK.B Teck Resources Ltd 2019 30.300000 45.1111 CAD 9
TECK.A Teck Resources Ltd 2019 30.400000 45.1111 CAD 9
WN George Weston Ltd 2019 90.820000 115.3333 CAD 3
CTC.A Canadian Tire Corp Ltd 2019 147.100000 191.4444 CAD 9
CCL.B CCL Industries Inc 2019 55.090000 73.0625 CAD 8
CCL.A CCL Industries Inc 2019 55.650000 73.0625 CAD 8
TSGI The Stars Group Inc 2019 30.510000 52.6000 CAD 5
SNC SNC-Lavalin Group Inc 2019 45.080000 63.8182 CAD 11
VET Vermilion Energy Inc 2019 40.410000 56.2917 CAD 12
DOO BRP Inc 2019 57.010000 75.5000 CAD 8
IAG Industrial Alliance Insurance and Financial Services Inc 2019 48.390000 63.6667 CAD 9
WFT West Fraser Timber Co.Ltd 2019 64.500000 98.3333 CAD 6
LNR Linamar Corp 2019 53.740000 81.8333 CAD 6
CCA Cogeco Communications Inc 2019 64.450000 82.6667 CAD 9
PBH Premium Brands Holdings Corp 2019 86.240000 127.7500 CAD 10
MAXR Maxar Technologies Ltd 2019 38.540000 76.2791 CAD 10
MRC Morguard Corp 2019 177.820000 205.0000 CAD 2
LAS.A Lassonde Industries Inc 2019 235.770000 277.5000 CAD 2
CGO Cogeco Inc 2019 58.720000 87.5000 CAD 2
GSY goeasy Ltd 2019 46.240000 64.4000 CAD 5

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.