Hydro One (H:TSE) and Canadian Tire Corp (CTC:TSE) Are Fully Valued

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Fully Valued Stocks on TSE

Today we are looking at companies that are considered fully valued based on the Analyst data in the StockCalc database.

In this table 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
H Hydro One Ltd 2019 21.530000 21.2308 CAD 13
CTC Canadian Tire Corp Ltd 2019 230.000000 188.3333 CAD 9
CRON Cronos Group Inc 2019 13.980000 11.6250 CAD 4
WJA Westjet Airlines Ltd 2019 20.640000 20.2727 CAD 11
JE Just Energy Group Inc 2020 5.510000 5.2500 CAD 5
SII Sprott Inc 2019 2.720000 2.6875 CAD 4
MRG.UN Morguard North American Residential Real Estate Investment Trust 2019 18.120000 18.0000 CAD 5
DHX DHX Media Ltd 2019 3.500000 2.3800 CAD 10
MKP MCAN Mortgage Corp 2019 14.270000 12.0000 CAD 1
BTB.UN BTB Real Estate Investment Trust 2019 4.540000 4.4167 CAD 3
TGO TeraGo Inc 2019 10.160000 7.7500 CAD 3
SRV.UN SIR Royalty Income Fund 2019 15.490000 14.7500 CAD 1
PNC.A Postmedia Network Canada Corp 2019 1.300000 0.2000 CAD 1
PNC.B Postmedia Network Canada Corp 2019 1.190000 0.2000 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.

H:TSE Hydro One

Hydro One has 7500 employees and is headquartered in Canada.
Hydro One Ltd is engaged in transmission and distribution of electricity. Its projects include Guelph Area Transmission Refurbishment, Toronto Midtown Transmission Reinforcement, Clarington Transmission Station, Northwest Bulk Transmission Line.

CTC:TSE Canadian Tire Corp

Canadian Tire Corp has 29710 employees and is headquartered in Canada.
Canadian Tire Corp Ltd operates a nationwide store network that sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories. Its stores are branded under the name Mark’s, Sport Chek, Atmosphere, and PartSource monikers.

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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.