TerraVest Industries (TSE:TVK - Get Free Report) had its price target increased by analysts at Desjardins from C$150.00 to C$172.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Desjardins' price objective would suggest a potential upside of 2.70% from the stock's current price.
A number of other research firms also recently weighed in on TVK. National Bankshares upgraded shares of TerraVest Industries from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from C$134.00 to C$190.00 in a research note on Friday, May 2nd. Canaccord Genuity Group upped their target price on shares of TerraVest Industries from C$132.00 to C$170.00 and gave the company a "buy" rating in a research note on Tuesday, March 18th. Finally, Scotiabank raised their price target on shares of TerraVest Industries from C$141.00 to C$171.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$158.80.
View Our Latest Stock Analysis on TVK
TerraVest Industries Stock Performance
Shares of TVK stock traded up C$0.61 during mid-day trading on Monday, reaching C$167.47. The stock had a trading volume of 73,195 shares, compared to its average volume of 102,092. TerraVest Industries has a one year low of C$67.66 and a one year high of C$170.83. The firm has a market cap of C$3.29 billion, a PE ratio of 49.41 and a beta of 0.66. The firm's 50 day simple moving average is C$137.11 and its 200 day simple moving average is C$124.76. The company has a quick ratio of 0.91, a current ratio of 2.44 and a debt-to-equity ratio of 82.38.
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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