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 21.720000 21.0833 CAD 12
CTC Canadian Tire Corp Ltd 2019 222.500000 176.0000 CAD 9
CAE CAE Inc 2020 31.200000 31.0714 CAD 7
RNW TransAlta Renewables Inc 2019 13.580000 13.3500 CAD 10
LB Laurentian Bank of Canada 2019 42.110000 41.1111 CAD 9
VNR Valener Inc 2019 26.010000 26.0000 CAD 3
SII Sprott Inc 2019 2.980000 2.6875 CAD 4
AW.UN A&W Revenue Royalties Income Fund 2019 46.800000 45.0000 CAD 1
GS Gluskin Sheff & Associates Inc 2020 14.450000 14.2500 CAD 6
MKP MCAN Mortgage Corp 2019 16.010000 13.0000 CAD 1
TRZ Transat A.T. Inc 2019 9.290000 8.8929 CAD 7
BTB.UN BTB Real Estate Investment Trust 2019 4.820000 4.5500 CAD 3
TGO TeraGo Inc 2019 11.870000 10.6250 CAD 4
SRV.UN SIR Royalty Income Fund 2019 16.650000 14.7500 CAD 1
PNC.B Postmedia Network Canada Corp 2020 1.250000 0.2000 CAD 1
PNC.A Postmedia Network Canada Corp 2020 1.180000 0.2000 CAD 1
GPS BSM Technologies Inc 2019 1.395000 1.3917 CAD 6
CQE Cequence Energy Ltd 2019 0.540000 0.5000 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 7900 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 31686 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.