TerraVest Industries (TSE:TVK) PT Set at C$125.00 by Scotiabank

TerraVest Industries (TSE:TVK) has been assigned a C$125.00 price objective by research analysts at Scotiabank in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 3.33% from the company’s current price.

Other research analysts have also issued research reports about the company. National Bankshares increased their target price on TerraVest Industries from C$104.00 to C$128.00 in a research report on Tuesday, November 26th. National Bank Financial downgraded TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$109.75.

TerraVest Industries Stock Performance

Shares of TerraVest Industries stock traded up C$7.29 during trading on Tuesday, hitting C$120.97. 85,183 shares of the company’s stock were exchanged, compared to its average volume of 62,453. The stock has a market capitalization of C$2.36 billion, a price-to-earnings ratio of 35.06 and a beta of 0.66. TerraVest Industries has a 52-week low of C$43.89 and a 52-week high of C$127.55. The company has a debt-to-equity ratio of 71.72, a quick ratio of 0.91 and a current ratio of 2.32. The business has a 50-day simple moving average of C$116.18 and a 200-day simple moving average of C$98.70.

TerraVest Industries Company Profile

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.