Suncor Energy (SU:TSE) and Canadian Natural Res (CNQ: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
SU Suncor Energy Inc 2019 43.470000 55.8000 CAD 15
CM Canadian Imperial Bank of Commerce 2019 113.010000 126.8750 CAD 8
CNQ Canadian Natural Resources Ltd 2019 37.730000 48.8125 CAD 16
CP Canadian Pacific Railway Ltd 2019 299.020000 325.6172 CAD 12
WEED Canopy Growth Corp 2020 65.830000 76.0000 CAD 6
TECK.A Teck Resources Ltd 2019 30.750000 42.7500 CAD 10
TECK.B Teck Resources Ltd 2019 30.860000 42.7500 CAD 10
WN George Weston Ltd 2019 100.540000 112.7500 CAD 4
CTC.A Canadian Tire Corp Ltd 2019 154.570000 176.1111 CAD 9
TSGI The Stars Group Inc 2019 24.200000 37.8000 CAD 5
SNC SNC-Lavalin Group Inc 2019 29.460000 40.7000 CAD 10
VET Vermilion Energy Inc 2019 32.280000 42.3750 CAD 12
X TMX Group Ltd 2019 85.510000 98.1667 CAD 6
DOO BRP Inc 2019 41.590000 56.7500 CAD 8
LNR Linamar Corp 2019 47.770000 65.7500 CAD 4
MRC Morguard Corp 2019 190.000000 205.0000 CAD 2
CGO Cogeco Inc 2020 81.490000 102.5000 CAD 2
LAS.A Lassonde Industries Inc 2019 174.210000 195.0000 CAD 1
EQB Equitable Group Inc 2019 70.570000 83.8571 CAD 7
AFN Ag Growth International Inc 2019 57.620000 72.6250 CAD 8
CJT Cargojet Inc 2019 78.540000 98.7500 CAD 8
CJT.A Cargojet Inc 2019 79.200000 98.7500 CAD 8
SEA Seabridge Gold Inc 2019 15.740000 26.0000 CAD 1
GSY goeasy Ltd 2019 51.500000 61.8333 CAD 6
IDG Indigo Books & Music Inc 2020 9.160000 21.0000 CAD 2

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.

SU:TSE Suncor Energy

http://www.suncor.com
Suncor Energy has 12480 employees and is headquartered in Canada.
Suncor Energy Inc is a Canadian integrated energy company. It operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, product marketing and a renewable energy portfolio.

CNQ:TSE Canadian Natural Res

https://www.cnrl.com
Canadian Natural Res has 9709 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.

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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.