Canada Forecast Overvalued Stocks – April 2026
Explore stocks in Canada trading above analyst forecast fair value for April 2026, including Celestica Inc. (CLS.TO), Franco-Nevada Corporation (FNV.TO), BMO Equal Weight Global Gold Index ETF (ZGD.TO). These equities on the Toronto Stock Exchange (TSX) are currently priced above consensus analyst targets, signaling potential overvaluation risk and caution for investors.
| Symbol | Price | Change | Volume | Market Cap | Sector / Industry | Yearly Forecast | GRADE |
|---|---|---|---|---|---|---|---|
| CLS.TO Celestica Inc. | $410.21 | +2.48% +9.92 | 426.6K | 47.2B | Technology | 296.15 | B+Grade |
| FNV.TO Franco-Nevada Corporation | $359.02 | +1.11% +3.94 | 268.6K | 69.2B | Basic Materials | 247.24 | B+Grade |
| ZGD.TO BMO Equal Weight Global Gold Index ETF | $316.04 | -0.59% -1.87 | 4.2K | 368.5M | Financial Services | 214.08 | Z Grade |
| AEM.TO Agnico Eagle Mines Limited | $290.14 | -0.63% -1.83 | 894.4K | 145.4B | Basic Materials | 202.99 | Z Grade |
| ZJG.TO BMO Junior Gold Index ETF | $267.27 | -0.69% -1.85 | 9K | 230.9M | Financial Services | 182.24 | Z Grade |
| BBD-A.TO Bombardier Inc. | $247.85 | -4.97% -12.97 | 6.9K | 24.5B | Industrials | 185.43 | Z Grade |
| BBD-B.TO Bombardier Inc. | $246.55 | -4.86% -12.60 | 342.3K | 24.4B | Industrials | 187.85 | Z Grade |
| LAS-A.TO Lassonde Industries Inc. | $232.79 | -1.78% -4.21 | 416 | 1.6B | Consumer Defensive | 191.52 | Z Grade |
| RY.TO Royal Bank of Canada | $227.34 | +0.18% +0.41 | 2.8M | 317.5B | Financial Services | 216.04 | Z Grade |
| CTC-A.TO Canadian Tire Corporation, Limited | $189.22 | +0.23% +0.43 | 193.6K | 10B | Consumer Cyclical | 187.91 | Z Grade |
| IMO.TO Imperial Oil Limited | $181.66 | +1.18% +2.12 | 709.1K | 90.3B | Energy | 148.29 | Z Grade |
| TFII.TO TFI International Inc. | $155.08 | +0.94% +1.45 | 177.6K | 12.7B | Industrials | 126.77 | Z Grade |
| CNR.TO Canadian National Railway Company | $144.93 | +1.07% +1.54 | 1.6M | 88.6B | Industrials | 118.35 | Z Grade |
| PD.TO Precision Drilling Corporation | $131.10 | +1.39% +1.80 | 63.6K | 1.7B | Energy | 97.80 | Z Grade |
| MRC.TO Morguard Corporation | $116.23 | +0.63% +0.73 | 2.4K | 1.2B | Real Estate | 108.86 | Z Grade |
| CP.TO Canadian Pacific Kansas City Ltd. | $109.83 | +1.28% +1.39 | 1.6M | 98.6B | Industrials | 101.84 | Z Grade |
| QSR.TO Restaurant Brands International Inc. | $106.71 | +2.29% +2.39 | 2.3M | 35.1B | Consumer Cyclical | 97.85 | Z Grade |
| NTR.TO Nutrien Ltd. | $105.12 | +1.47% +1.52 | 1.8M | 50.8B | Basic Materials | 69.39 | Z Grade |
| ZEO.TO BMO Equal Weight Oil & Gas Index ETF | $103.03 | +1.97% +1.99 | 80.2K | 284.9M | Financial Services | 88.65 | Z Grade |
| GIB-A.TO CGI Inc. | $103.00 | +2.68% +2.69 | 551.4K | 22.7B | Technology | 99.35 | Z Grade |
| DOO.TO BRP Inc. | $101.35 | +0.21% +0.21 | 268.3K | 7.4B | Consumer Cyclical | 77.50 | Z Grade |
| DRUG.CN Bright Minds Biosciences Inc. | $97.96 | -0.11% -0.11 | 510 | 760.3M | Healthcare | 78.76 | Z Grade |
| MRU.TO Metro Inc. | $96.44 | +0.94% +0.90 | 226.9K | 20.6B | Consumer Defensive | 92.22 | Z Grade |
| CDAY.TO Ceridian HCM Holding Inc. | $93.38 | +0.38% +0.35 | 14.5K | 14.6B | Technology | 56.29 | Z Grade |
| SU.TO Suncor Energy Inc. | $91.72 | +1.58% +1.43 | 8.4M | 109.1B | Energy | 66.52 | Z Grade |
| WFG.TO West Fraser Timber Co. Ltd. | $90.72 | -0.14% -0.13 | 132.7K | 6.9B | Basic Materials | 80.79 | Z Grade |
| GRT-UN.TO Granite Real Estate Investment Trust | $85.14 | +1.33% +1.12 | 214K | 5.2B | Real Estate | 81.30 | Z Grade |
| MX.TO Methanex Corporation | $83.13 | +1.40% +1.15 | 473.3K | 6.4B | Basic Materials | 56.07 | Z Grade |
| QTIP.NE Mackenzie US TIPS Index ETF (CAD-Hedged) | $83.12 | +0.27% +0.22 | 440 | 393M | Financial Services | 82.64 | Z Grade |
| CJT.TO Cargojet Inc. | $82.76 | +1.93% +1.57 | 36.6K | 1.2B | Industrials | 73.81 | Z Grade |
Understanding Forecast Overvalued Stocks
Canada Forecast Overvalued Stocks – [April 2026]
Explore stocks in Canada currently trading above their estimated fair value based on analyst forecasts, filtered by Market Cap: All, Grade: All, Volume: All, Price: All.
Within this filtered view across Toronto Stock Exchange (TSX), the equities showing the highest premium to consensus price targets include Celestica Inc. (CLS.TO), Franco-Nevada Corporation (FNV.TO), and BMO Equal Weight Global Gold Index ETF (ZGD.TO). These stocks are trading above their forecasted fair values, suggesting potential overvaluation risk within the All segment of the Canada equity market.
Understanding Forecast Overvalued Stocks
The Forecast Overvalued Stocks screen identifies equities listed on Toronto Stock Exchange (TSX) whose current market price exceeds analyst consensus fair value estimates, filtered by All market cap, All rating, All trading activity, and All price range.
Rankings are dynamically calculated using real-time data, including:
- Current Price: $410.21, $359.02, $316.04
- Trading Volume: 426.6K, 268.6K, 4.2K
- Market Capitalization: 47.2B, 69.2B, 368.5M
- Sector / Industry: Technology, Basic Materials, Financial Services
Because this dataset adapts to All and All conditions, investors can pinpoint overvalued stocks within specific segments of the Canada market, rather than relying on broad, unfiltered comparisons.
Why Track Forecast Overvalued Stocks in Canada?
Market Insights
- Monitoring overvalued stocks within Canada under Market Cap: All and Grade: All provides insight into valuation excesses and market inefficiencies.
- Using these filters, you can identify equities on Toronto Stock Exchange (TSX) trading at a premium to analyst price targets within the All range.
- Detect sectors in Canada where valuation expansion may have outpaced fundamentals.
- Track stocks with All liquidity profiles that show signs of stretched pricing.
- Compare valuation risk across industries within the All category.
Trading & Risk Management Opportunities
- The Forecast Overvalued Stocks list filtered by All and All is particularly useful for identifying risk management signals and potential downside setups.
- With this dataset, traders and investors can spot stocks trading significantly above analyst fair value benchmarks within the All range.
- Identify equities in Canada showing overvaluation alongside weakening momentum signals.
- Evaluate positions where price exceeds fundamental justification within the All band.
- Combine overvaluation signals with earnings risk, analyst downgrades, or technical indicators for better decision-making.
Filter-Based Market View
- All insights on this page are dynamically shaped by your selected filters: Market Cap: All, Grade: All, Volume: All, Price: All, Country: Canada, Exchanges: Toronto Stock Exchange (TSX).
- As these filters change, the stocks, valuation metrics, and analytical insights automatically update, ensuring the content always reflects the specific segment of the Canada equity market you are analyzing.