Hydro One (H:TSE) and Kirkland Lake Gold (KL: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 23.360000 22.6667 CAD 12
KL Kirkland Lake Gold Ltd 2019 59.030000 58.7500 CAD 11
EMP.A Empire Co Ltd 2020 34.630000 34.6250 CAD 8
CTC Canadian Tire Corp Ltd 2019 215.150000 175.8889 CAD 9
AQN Algonquin Power & Utilities Corp 2019 16.420000 16.0150 CAD 10
RNW TransAlta Renewables Inc 2019 13.800000 13.6750 CAD 10
WJA Westjet Airlines Ltd 2019 30.710000 28.8000 CAD 10
FN First National Financial Corp 2019 31.800000 31.2000 CAD 5
LB Laurentian Bank of Canada 2020 45.080000 42.3000 CAD 10
MTY MTY Food Group Inc 2019 64.870000 64.2000 CAD 5
AIF Altus Group Ltd 2019 33.800000 33.3333 CAD 9
SII Sprott Inc 2019 3.850000 2.8125 CAD 4
WDO Wesdome Gold Mines Ltd 2019 6.560000 6.1900 CAD 10
EXE Extendicare Inc 2019 8.720000 8.7083 CAD 6
MRG.UN Morguard North American Residential Real Estate Investment Trust 2019 19.630000 19.6000 CAD 5
MKP MCAN Mortgage Corp 2019 15.900000 13.0000 CAD 1
BTB.UN BTB Real Estate Investment Trust 2019 4.730000 4.5500 CAD 3
AXR Alexco Resource Corp 2019 2.270000 1.9500 CAD 2
PNC.B Postmedia Network Canada Corp 2020 1.600000 0.2000 CAD 1
PNC.A Postmedia Network Canada Corp 2020 1.490000 0.2000 CAD 1
SRV.UN SIR Royalty Income Fund 2019 14.800000 14.7500 CAD 1
GCL Colabor Group Inc 2019 1.020000 0.6500 CAD 1
GVC Glacier Media Inc 2019 0.710000 0.6500 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.

KL:TSE Kirkland Lake Gold

Kirkland Lake Gold has 1729 employees and is headquartered in Canada.
Kirkland Lake Gold Ltd is a Canada-based gold producer. The company operates in one segment consisting of a mining and milling operation. The principal product from the mining operations of the company is the sale of gold dore bars.

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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.