Westshore Terminals Investment Co. (TSE:WTE – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$42.77 and last traded at C$42.56, with a volume of 57626 shares trading hands. The stock had previously closed at C$41.94.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada upped their price target on Westshore Terminals Investment from C$34.00 to C$39.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$39.00.
Check Out Our Latest Analysis on WTE
Westshore Terminals Investment Trading Up 1.9%
Westshore Terminals Investment (TSE:WTE – Get Free Report) last issued its quarterly earnings data on Saturday, March 14th. The company reported C$0.66 earnings per share for the quarter. Westshore Terminals Investment had a return on equity of 13.48% and a net margin of 29.68%.The business had revenue of C$69.15 million during the quarter. On average, research analysts expect that Westshore Terminals Investment Co. will post 1.5632706 earnings per share for the current year.
About Westshore Terminals Investment
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.
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