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Mainstreet Equity: Stocks Undervalued by Analyst Consensus on TSX (MEQ)

The Globe and Mail - Fri Aug 18, 2023

Mainstreet Equity Corp is among the group of undervalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is above its current price.

This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are held primarily for capital appreciation.

There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.

SymbolNameTarget YearClose PriceTarget Price MeanCurrencyTarget Price # Estimates
CNRCanadian National Railway Co2023156.69176.5439CAD13
LLoblaw Companies Ltd2023116.82140.8125CAD8
IFCIntact Financial Corp2023199.13220.0833CAD12
GIB-ACGI Inc2024129.36156.6CAD10
WNGeorge Weston Ltd2023152.47195.8571CAD7
FFH-UFairfax Financial Holdings Ltd2023777.031301.062CAD6
TIHToromont Industries Ltd2023107.8124.75CAD8
WFGWest Fraser Timber Co.Ltd2023116.44138.4142CAD7
DOOBRP Inc2023120145.3636CAD11
BYDBoyd Group Services Inc2023240.88272.4CAD10
GRT-UNGranite Real Estate Investment Trust202379.85100.0428CAD12
AIFAltus Group Ltd202343.7862.375CAD8
GSYgoeasy Ltd2023125.44164.1CAD10
CJTCargojet Inc202397.53148.6667CAD12
TSUTrisura Group Ltd202335.5253.7143CAD7
MEQMainstreet Equity Corp2024136163.3333CAD3
PDPrecision Drilling Corp202378.19111.3CAD10
AFNAg Growth International Inc202354.5571.8CAD10
MRCMorguard Corp2023103.34140CAD1
DRMDREAM Unlimited Corp202320.3940CAD2
CGOCogeco Inc202451.7784.5CAD2
CGYCalian Group Ltd202463.7180.8571CAD7
TCSTecsys Inc202426.946.8CAD5
BCTBriaCell Therapeutics Corp2024825USD1
APSAptose Biosciences Inc20235.3436.3431CAD2

More about Mainstreet Equity Corp

Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.

Artificial intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.