{"id":4336,"date":"2018-04-10T10:01:47","date_gmt":"2018-04-10T14:01:47","guid":{"rendered":"https:\/\/www.stockcalc.com\/blog\/BrianD\/?p=4336"},"modified":"2018-04-10T10:01:47","modified_gmt":"2018-04-10T14:01:47","slug":"royal-bank-of-canada-rytse-and-bank-of-nova-scotia-bnstse-are-undervalued","status":"publish","type":"post","link":"https:\/\/www.stockcalc.com\/blog\/BrianD\/2018\/04\/10\/royal-bank-of-canada-rytse-and-bank-of-nova-scotia-bnstse-are-undervalued\/","title":{"rendered":"Royal Bank of Canada (RY:TSE) and Bank of Nova Scotia (BNS:TSE) Are Undervalued"},"content":{"rendered":"

Stockcalc – Free Trial<\/h4>\n

Have a free look inside the StockCalc website at www.stockcalc.com<\/a><\/p>\n

\n
\n<\/hr>\n

I have used the analysis tools on the website stockcalc.com<\/a> to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com\/TopPicks.aspx<\/a>.<\/p>\n

Undervalued Stocks on TSE<\/h4>\n

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.<\/p>\n

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.<\/p>\n

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.<\/p>\n

Today’s Data on TSE<\/h4>\n

Today’s data is for companies listed on the Toronto Stock Exchange<\/strong>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Symbol<\/th>\nName<\/th>\nTarget Year<\/th>\nClose Price<\/th>\nTarget Price Mean<\/th>\nCurrency<\/th>\nTarget Price # of Estimates<\/th>\n<\/tr>\n
RY<\/td>\nRoyal Bank of Canada<\/td>\n2018<\/td>\n98.340000<\/td>\n111.5556<\/td>\nCAD<\/td>\n9<\/td>\n<\/tr>\n
BNS<\/td>\nBank of Nova Scotia<\/td>\n2018<\/td>\n77.720000<\/td>\n91.3000<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
CNR<\/td>\nCanadian National Railway Co<\/td>\n2018<\/td>\n95.240000<\/td>\n109.1000<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
ENB<\/td>\nEnbridge Inc<\/td>\n2018<\/td>\n40.180000<\/td>\n57.1818<\/td>\nCAD<\/td>\n11<\/td>\n<\/tr>\n
BMO<\/td>\nBank of Montreal<\/td>\n2018<\/td>\n97.030000<\/td>\n110.2222<\/td>\nCAD<\/td>\n9<\/td>\n<\/tr>\n
CM<\/td>\nCanadian Imperial Bank of Commerce<\/td>\n2018<\/td>\n112.890000<\/td>\n134.8889<\/td>\nCAD<\/td>\n9<\/td>\n<\/tr>\n
TRP<\/td>\nTransCanada Corp<\/td>\n2018<\/td>\n53.580000<\/td>\n70.5556<\/td>\nCAD<\/td>\n9<\/td>\n<\/tr>\n
CP<\/td>\nCanadian Pacific Railway Ltd<\/td>\n2018<\/td>\n225.400000<\/td>\n254.3636<\/td>\nCAD<\/td>\n11<\/td>\n<\/tr>\n
L<\/td>\nLoblaw Companies Ltd<\/td>\n2018<\/td>\n64.610000<\/td>\n78.2857<\/td>\nCAD<\/td>\n7<\/td>\n<\/tr>\n
DOL<\/td>\nDollarama Inc<\/td>\n2018<\/td>\n153.490000<\/td>\n166.4000<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
IFC<\/td>\nIntact Financial Corp<\/td>\n2018<\/td>\n96.920000<\/td>\n110.1250<\/td>\nCAD<\/td>\n12<\/td>\n<\/tr>\n
WN<\/td>\nGeorge Weston Ltd<\/td>\n2018<\/td>\n103.920000<\/td>\n123.2500<\/td>\nCAD<\/td>\n4<\/td>\n<\/tr>\n
CTC.A<\/td>\nCanadian Tire Corp Ltd<\/td>\n2018<\/td>\n169.890000<\/td>\n194.4444<\/td>\nCAD<\/td>\n9<\/td>\n<\/tr>\n
SNC<\/td>\nSNC-Lavalin Group Inc<\/td>\n2018<\/td>\n54.540000<\/td>\n70.2500<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
LNR<\/td>\nLinamar Corp<\/td>\n2018<\/td>\n72.140000<\/td>\n85.0000<\/td>\nCAD<\/td>\n6<\/td>\n<\/tr>\n
CCA<\/td>\nCogeco Communications Inc<\/td>\n2018<\/td>\n72.120000<\/td>\n90.4444<\/td>\nCAD<\/td>\n9<\/td>\n<\/tr>\n
MAXR<\/td>\nMaxar Technologies Ltd<\/td>\n2018<\/td>\n58.070000<\/td>\n84.6175<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
BYD.UN<\/td>\nBoyd Group Income Fund<\/td>\n2018<\/td>\n108.150000<\/td>\n120.6000<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
MRC<\/td>\nMorguard Corp<\/td>\n2018<\/td>\n177.040000<\/td>\n205.0000<\/td>\nCAD<\/td>\n2<\/td>\n<\/tr>\n
LAS.A<\/td>\nLassonde Industries Inc<\/td>\n2018<\/td>\n255.810000<\/td>\n277.5000<\/td>\nCAD<\/td>\n2<\/td>\n<\/tr>\n
APH<\/td>\nAphria Inc<\/td>\n2019<\/td>\n10.900000<\/td>\n27.1071<\/td>\nCAD<\/td>\n7<\/td>\n<\/tr>\n
CGO<\/td>\nCogeco Inc<\/td>\n2018<\/td>\n70.110000<\/td>\n91.0000<\/td>\nCAD<\/td>\n2<\/td>\n<\/tr>\n
EIF<\/td>\nExchange Income Corp<\/td>\n2018<\/td>\n30.760000<\/td>\n44.2500<\/td>\nCAD<\/td>\n10<\/td>\n<\/tr>\n
EQB<\/td>\nEquitable Group Inc<\/td>\n2018<\/td>\n55.930000<\/td>\n72.0000<\/td>\nCAD<\/td>\n8<\/td>\n<\/tr>\n
SEA<\/td>\nSeabridge Gold Inc<\/td>\n2018<\/td>\n13.560000<\/td>\n29.0000<\/td>\nCAD<\/td>\n1<\/td>\n<\/tr>\n<\/table>\n

Let’s look at a few companies…<\/h4>\n

Lets look at a couple of the companies on this list to get a better understanding of them.<\/p>\n

RY:TSE Royal Bank of Canada<\/h6>\n

http:\/\/www.rbc.com<\/a>
\nRoyal Bank of Canada has 78648 employees and is headquartered in Canada.
\nRoyal Bank of Canada is one of the largest Canadian banks. It provides diversified financial services, personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services worldwide.<\/p>\n

BNS:TSE Bank of Nova Scotia<\/h6>\n

http:\/\/www.scotiabank.com<\/a>
\nBank of Nova Scotia has 89755 employees and is headquartered in Canada.
\nBank of Nova Scotia is an international bank and a financial service provider. The company provides personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets services.<\/p>\n

Free Valuation<\/h4>\n

Run a valuation on any of the companies listed above at www.stockcalc.com\/valureport.aspx<\/a> or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports<\/a>.<\/p>\n

The content presented here is in part from the website stockcalc.com<\/a> and is provided on an as is<\/strong> or as available<\/strong> 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.<\/em><\/p>\n

<\/div>\n
\n

Wait! We want you to try StockCalc for<\/span><\/h2>\n

5 Free Days <\/h1>\n

Yes, I want to find out what my stocks are worth<\/span><\/a>
\n No, I don’t want to know the value of my stocks<\/span><\/a>\n <\/div>\n