TerraVest Industries (TSE:TVK - Get Free Report) had its price objective raised by research analysts at Desjardins from C$150.00 to C$172.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Desjardins' price target would suggest a potential upside of 3.16% from the stock's current price.
Several other research analysts have also commented on the company. Scotiabank lifted their target price on TerraVest Industries from C$141.00 to C$171.00 and gave the stock an "outperform" rating in a research report on Monday. Canaccord Genuity Group lifted their target price on TerraVest Industries from C$132.00 to C$170.00 and gave the stock a "buy" rating in a report on Tuesday, March 18th. Finally, National Bankshares raised TerraVest Industries from a "sector perform" rating to an "outperform" rating and upped their target price for the company from C$134.00 to C$190.00 in a report on Friday, May 2nd. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$158.80.
Read Our Latest Stock Analysis on TVK
TerraVest Industries Trading Up 0.6 %
TerraVest Industries stock traded up C$0.93 during midday trading on Monday, reaching C$166.73. The stock had a trading volume of 26,300 shares, compared to its average volume of 101,384. The stock has a market capitalization of C$3.27 billion, a PE ratio of 49.19 and a beta of 0.66. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44. TerraVest Industries has a twelve month low of C$67.66 and a twelve month high of C$170.83. The stock's 50-day simple moving average is C$134.63 and its 200 day simple moving average is C$123.84.
About TerraVest Industries
(
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TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.
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