Bank of Montreal (BMO:TSE) and Teck Resources (TECK.B:TSE) Are Undervalued

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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
BMO Bank of Montreal 2019 98.130000 109.7778 CAD 9
CM Canadian Imperial Bank of Commerce 2019 113.050000 129.1250 CAD 8
CP Canadian Pacific Railway Ltd 2019 270.720000 311.3603 CAD 13
WN George Weston Ltd 2019 97.250000 117.5000 CAD 4
TECK.B Teck Resources Ltd 2019 28.660000 42.5500 CAD 10
TECK.A Teck Resources Ltd 2019 28.950000 42.5500 CAD 10
CTC.A Canadian Tire Corp Ltd 2019 140.430000 176.7778 CAD 9
SNC SNC-Lavalin Group Inc 2019 33.880000 45.7273 CAD 11
TSGI The Stars Group Inc 2019 21.300000 40.3000 CAD 5
X TMX Group Ltd 2019 83.870000 97.5000 CAD 6
DOO BRP Inc 2019 37.520000 63.5556 CAD 9
TFII TFI International Inc 2019 39.270000 50.3750 CAD 12
LNR Linamar Corp 2019 50.280000 76.1667 CAD 6
PBH Premium Brands Holdings Corp 2019 77.660000 95.0000 CAD 10
MRC Morguard Corp 2019 187.000000 205.0000 CAD 2
LAS.A Lassonde Industries Inc 2019 201.070000 250.0000 CAD 1
CJT.A Cargojet Inc 2019 82.080000 94.0000 CAD 8
CGO Cogeco Inc 2019 68.200000 92.5000 CAD 2
EQB Equitable Group Inc 2019 67.050000 81.2857 CAD 7
AFN Ag Growth International Inc 2019 57.560000 70.5556 CAD 9
EIF Exchange Income Corp 2019 29.340000 42.9545 CAD 11
GSY goeasy Ltd 2019 44.510000 60.8333 CAD 6
MAXR Maxar Technologies Inc 2019 7.960000 20.6777 CAD 9
MEQ Mainstreet Equity Corp 2019 44.000000 55.0000 CAD 4
TRIL Trillium Therapeutics Inc 2019 1.700000 19.8368 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.

BMO:TSE Bank of Montreal

https://www.bmo.com
Bank of Montreal has 45000 employees and is headquartered in Canada.
Bank of Montreal provides diversified financial services primarily in North America. The company offers broad range of personal and commercial banking, wealth management and investment banking products and services.

TECK.B: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.

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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.