Westshore Terminals Investment (TSE:WTE) Price Target Lowered to C$24.50 at Scotiabank

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Westshore Terminals Investment (TSE:WTE - Get Free Report) had its price objective reduced by equities research analysts at Scotiabank from C$27.00 to C$24.50 in a report issued on Monday, BayStreet.CA reports. Scotiabank's price objective suggests a potential downside of 0.49% from the company's previous close.

Separately, CIBC upped their price objective on shares of Westshore Terminals Investment from C$29.00 to C$30.00 and gave the company a "neutral" rating in a research note on Friday, January 12th.

Check Out Our Latest Report on Westshore Terminals Investment

Westshore Terminals Investment Price Performance

Shares of TSE WTE traded down C$1.76 on Monday, hitting C$24.62. The company's stock had a trading volume of 232,429 shares, compared to its average volume of 69,763. Westshore Terminals Investment has a 12-month low of C$22.73 and a 12-month high of C$33.72. The company has a market capitalization of C$1.54 billion, a price-to-earnings ratio of 13.42 and a beta of 0.88. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.22 and a quick ratio of 2.07. The stock has a 50 day moving average of C$25.63 and a 200-day moving average of C$26.00.

Westshore Terminals Investment (TSE:WTE - Get Free Report) last announced its quarterly earnings results on Friday, March 8th. The company reported C$0.36 earnings per share (EPS) for the quarter. Westshore Terminals Investment had a net margin of 26.97% and a return on equity of 13.92%. The company had revenue of C$88.69 million for the quarter. As a group, research analysts predict that Westshore Terminals Investment will post 1.6696203 EPS for the current year.


Westshore Terminals Investment Company Profile

(Get Free Report)

Westshore Terminals Investment Corporation operates a coal storage and unloading/loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.

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