Best Value Stocks this February 2026 in Canada

Gildan Activewear stands out as a top performer in the consumer cyclical sector, currently trading at a 33% discount to its fair value estimate of $128. With a solid dividend yield of 1.62% and impressive returns—24.10% over the past year and 180.80% over the last five years—investors may find it an attractive option for long-term growth. Analysts rate the stock favorably, with a consensus "Buy" from UBS and an overall B+ rating, reflecting positive earnings momentum and strong market confidence.

Gildan Activewear (GIL) has a Zacks Rank of #2 (Buy), indicating strong analyst sentiment, and its earnings outlook has improved with a 18.8% increase in the consensus estimate for the full year.

Rogers Communications is currently trading at a 26% discount to its fair value estimate of $70, making it an intriguing option for investors seeking value. With a solid dividend yield of 3.95% and a recent 1-year return of 19.23%, this stock showcases resilience, despite a challenging 5-year performance of -19.64%. Analysts favor Rogers more than other companies in the business services sector, with a consensus rating of Moderate Buy and a median price target suggesting potential upside.

Rogers Communications has a Moderate Buy consensus rating from analysts, which is more favorable than the average Hold rating for other business services companies.

RCI stock has a bullish consensus from 10 Wall Street analysts, with a median price target of $39.26, suggesting a potential upside of 6.4% from its current price of $36.90.

While Rogers stock does not currently offer rapid dividend growth, it has potential for stability as free cash flow improves and integration risks decrease.

Canadian National Railway presents an appealing opportunity for investors, trading at a 7.7% discount to its fair value estimate of $147, while offering a dividend yield of 2.62%. With a one-year return of -10.99% and a five-year return of 5.16%, it stands out in a challenging market environment. Analysts have rated it B+, with Citigroup maintaining a Buy rating and CIBC upgrading to Outperform, indicating confidence in its potential for recovery.

Over the past 12 months, CNR has outperformed CP, with CNR experiencing a 6% drop compared to CP's 7% decline.

CNR is a decent choice for dividend investors, especially if freight volumes improve and market conditions favor long-term growth.

Thomson Reuters presents an attractive opportunity for investors, currently trading at a 22.3% discount to its fair value estimate of $233. With a dividend yield of 1.76% and a solid 5-year return of 51.79%, the stock's performance has faced challenges, evidenced by a 31.70% decline over the past year. Analysts maintain strong ratings, with firms like CIBC and Wells Fargo recommending an 'Outperform' and 'Overweight' respectively, suggesting confidence in its recovery potential.

TRI stock is currently trading near the bottom of its 52-week range and has decreased by $0.82, or 0.66%, since the market last closed.

The average 12-month price target for TRI stock is $179.91, with a high of $210.00 and a low of $160.00, indicating a potential 48.65% increase from its current price of $121.03.

In the past 12 months, TRI has underperformed the S&P 500, with a return of -24% compared to the S&P 500's +15% growth.

SmartCentres, a Canadian real estate investment trust, emphasizes income-focused value opportunities with a notable dividend yield of 6.90%. This REIT has delivered an impressive one-year return of 8.94% and a five-year return of 11.99%, making it an attractive option for investors seeking reliable income from financially healthy properties. With an analyst rating of B, SmartCentres continues to demonstrate strong market performance, including a 7.59% share price return over the past month.

SmartCentres REIT has shown strong performance with a 7.59% return over the past month, a 6.63% year-to-date return, and a total shareholder return of 22.05% over the past year.

The average price target for SmartCentres is C$28.67, with a high of C$30.00 and a low of C$27.00, indicating a potential increase of 4.29% from the current price of C$27.49.

Brookfield Corporation (BN) stands out as a diversified investment option, trading at notable discounts to its fair value estimates. With a dividend yield of 0.54% and impressive long-term returns—143.92% over five years—it appeals to investors seeking exposure to financially sound companies. Analysts maintain a consensus rating of Buy, indicating strong confidence in its prospects.

Brookfield Corp (BN) has a consensus rating of Buy from 7 analysts, with 29% recommending a Strong Buy and 71% recommending a Buy.

BN refers to Brookfield Corporation.

The average twelve-month price target for Brookfield is $53.87, indicating a potential upside of 16.41% from its current price of $46.27.

Manulife Financial presents an appealing opportunity for value investors, trading at a discount to its intrinsic value while boasting a robust dividend yield of 5.71%. With a recent 1-year return of 6.63% and an impressive 5-year return of 21.67%, this major Canadian financial services firm underscores its earnings power. The company enjoys a strong financial stability rating of A+ and has received a favorable B+ analyst rating, signaling a solid investment potential despite some valuation concerns.

Manulife has been affirmed with an A+ (Superior) Financial Strength Rating and a stable outlook for its subsidiaries.

Manulife's Price-to-Earnings ratio is 15.7x, indicating it is currently overvalued, though investors should monitor any changes in analyst assumptions and revenue growth.

Over the past 10 years, Manulife stock has returned 114% to shareholders, with cumulative returns reaching approximately 236% when accounting for dividend reinvestments.