TerraVest Industries (TSE:TVK) Price Target Raised to C$126.00 at Scotiabank

TerraVest Industries (TSE:TVK) had its price objective increased by Scotiabank from C$125.00 to C$126.00 in a research report sent to investors on Tuesday morning,BayStreet.CA reports.

Other equities research analysts also recently issued research reports about the stock. National Bankshares reduced their price objective on shares of TerraVest Industries from C$128.00 to C$126.00 and set a “sector perform” rating for the company in a research report on Thursday, February 13th. National Bank Financial cut 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$109.50.

TerraVest Industries Price Performance

Shares of TVK opened at C$120.23 on Tuesday. TerraVest Industries has a fifty-two week low of C$52.15 and a fifty-two week high of C$139.59. The company has a market capitalization of C$2.36 billion, a price-to-earnings ratio of 35.47 and a beta of 0.66. The firm has a 50-day simple moving average of C$122.09 and a 200-day simple moving average of C$108.50. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44.

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.