National Bankshares Forecasts Strong Price Appreciation for TerraVest Industries (TSE:TVK) Stock

TerraVest Industries (TSE:TVKGet Free Report) had its price objective lifted by National Bankshares from C$126.00 to C$134.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential downside of 5.61% from the stock’s current price.

A number of other equities analysts also recently issued reports on TVK. National Bank Financial downgraded shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Scotiabank increased their target price on TerraVest Industries from C$125.00 to C$126.00 in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$137.00.

Get Our Latest Analysis on TerraVest Industries

TerraVest Industries Trading Up 8.3 %

TerraVest Industries stock traded up C$10.93 during mid-day trading on Tuesday, reaching C$141.97. 291,276 shares of the company traded hands, compared to its average volume of 105,423. The firm’s 50 day moving average price is C$121.12 and its 200 day moving average price is C$112.17. TerraVest Industries has a 52-week low of C$55.73 and a 52-week high of C$144.99. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The firm has a market capitalization of C$2.79 billion, a price-to-earnings ratio of 41.89 and a beta of 0.66.

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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Analyst Recommendations for TerraVest Industries (TSE:TVK)

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