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

AI-generated - The Globe and Mail - Fri Aug 16, 8:06PM CDT

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
CPCanadian Pacific Kansas City Ltd2024109.05126.8428CAD11
CNRCanadian National Railway Co2024155.24180.1008CAD11
GIB-ACGI Inc2025149.55172.293CAD10
WSPWSP Global Inc2024223.5250.8889CAD9
FFH-UFairfax Financial Holdings Ltd20241080.221914.84CAD5
CCOCameco Corp202456.0377.7143CAD7
TFIITFI International Inc2024203.37226.6337CAD8
WFGWest Fraser Timber Co.Ltd2024118.68143.2474CAD5
BYDBoyd Group Services Inc2024218.04288.9CAD10
GRT-UNGranite Real Estate Investment Trust202471.6490.7386CAD9
U-USprott Physical Uranium Trust202417.4235CAD1
PBHPremium Brands Holdings Corp202487.15110.8889CAD9
LNRLinamar Corp202462.0981.6CAD5
ATSATS Corp202536.857.3333CAD6
GSYgoeasy Ltd2024184.71237.875CAD8
SEASeabridge Gold Inc202422.6441.3027CAD1
CJTCargojet Inc2024125.83159.9CAD10
MEQMainstreet Equity Corp2025185.51217.5CAD2
HPS-AHammond Power Solutions Inc2024119.15163CAD3
PDPrecision Drilling Corp202497.18135.125CAD8
MRCMorguard Corp2024110.47140CAD1
LAS-ALassonde Industries Inc2024168.32189CAD3
AFNAg Growth International Inc202455.7478.125CAD8
CGYCalian Group Ltd202546.971.8571CAD7
CGOCogeco Inc202554.479CAD2

All data provided as of August 16, 2024.

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.

Mainstreet Equity Corp is listed under MEQ on the Toronto Stock Exchange.

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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.