National Bankshares Has Lowered Expectations for TerraVest Industries (TSE:TVK) Stock Price

TerraVest Industries (TSE:TVK) had its target price reduced by equities research analysts at National Bankshares from C$128.00 to C$126.00 in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 5.66% from the stock’s current price.

TVK has been the topic of several other reports. Scotiabank set a C$125.00 price objective on shares of TerraVest Industries and gave the company an “outperform” rating in a report on Tuesday, January 14th. National Bank Financial lowered shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$109.25.

TerraVest Industries Stock Up 0.4 %

TVK stock opened at C$119.25 on Thursday. TerraVest Industries has a 1-year low of C$52.15 and a 1-year high of C$139.59. The business’s 50 day simple moving average is C$122.15 and its 200 day simple moving average is C$107.78. The company has a current ratio of 2.44, a quick ratio of 0.91 and a debt-to-equity ratio of 82.38. The firm has a market capitalization of C$2.34 billion, a PE ratio of 35.18 and a beta of 0.66.

About TerraVest Industries

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.