Westshore Terminals Investment (TSE:WTE) Price Target Raised to C$47.00

Westshore Terminals Investment (TSE:WTE) had its price objective boosted by Royal Bank Of Canada from C$44.00 to C$47.00 in a report released on Wednesday,BayStreet reports.

Westshore Terminals Investment Price Performance

Shares of TSE:WTE opened at C$45.89 on Wednesday. The firm has a market cap of C$2.83 billion, a price-to-earnings ratio of 28.86 and a beta of 0.68. The business has a 50-day simple moving average of C$41.50 and a two-hundred day simple moving average of C$39.23. Westshore Terminals Investment has a fifty-two week low of C$24.50 and a fifty-two week high of C$45.92. The company has a debt-to-equity ratio of 58.75, a quick ratio of 2.07 and a current ratio of 1.04.

Westshore Terminals Investment (TSE:WTE) last issued its earnings results on Wednesday, August 5th. The company reported C$0.41 earnings per share (EPS) for the quarter. Westshore Terminals Investment had a net margin of 29.65% and a return on equity of 13.28%. The company had revenue of C$93.57 million for the quarter. On average, analysts expect that Westshore Terminals Investment will post 1.5632706 earnings per share for the current year.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.