TerraVest Industries Inc. (TSE:TVK) Given Average Rating of “Moderate Buy” by Analysts

TerraVest Industries Inc. (TSE:TVK) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$178.50.

Several research analysts recently commented on the company. Desjardins reduced their target price on TerraVest Industries from C$185.00 to C$175.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Scotiabank reduced their target price on TerraVest Industries from C$176.00 to C$171.00 in a research report on Friday, October 17th. BMO Capital Markets reduced their target price on TerraVest Industries from C$175.00 to C$165.00 in a research report on Friday, October 10th. National Bankshares reduced their target price on TerraVest Industries from C$200.00 to C$185.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. Finally, CIBC set a C$175.00 target price on TerraVest Industries and gave the stock a “neutral” rating in a research report on Wednesday, August 13th.

TerraVest Industries Stock Down 0.4%

Shares of TVK stock opened at C$138.24 on Wednesday. The stock has a market cap of C$3.00 billion, a P/E ratio of 35.54 and a beta of 0.43. TerraVest Industries has a one year low of C$98.01 and a one year high of C$176.64. The stock has a fifty day moving average price of C$140.41 and a 200 day moving average price of C$153.83. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91.

About TerraVest Industries

TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company’s operating segments are Fuel Containment, Processing Equipment, and Service.