TerraVest Industries (TSE:TVK – Get Free Report) had its price target lifted by stock analysts at BMO Capital Markets from C$160.00 to C$170.00 in a report released on Friday,BayStreet.CA reports. BMO Capital Markets’ target price suggests a potential upside of 30.79% from the stock’s previous close.
A number of other research analysts also recently issued reports on TVK. National Bank Financial decreased their price target on TerraVest Industries from C$175.00 to C$170.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Scotiabank cut their target price on shares of TerraVest Industries from C$178.00 to C$172.00 and set a “sector outperform” rating for the company in a report on Tuesday, May 19th. Canadian Imperial Bank of Commerce decreased their target price on shares of TerraVest Industries from C$160.00 to C$130.00 and set a “neutral” rating for the company in a research note on Wednesday, July 8th. Finally, Canaccord Genuity Group dropped their price target on shares of TerraVest Industries from C$190.00 to C$140.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, TerraVest Industries currently has an average rating of “Moderate Buy” and an average target price of C$164.17.
Check Out Our Latest Analysis on TerraVest Industries
TerraVest Industries Stock Performance
TerraVest Industries (TSE:TVK – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported C$1.40 EPS for the quarter. The firm had revenue of C$921.79 million for the quarter. TerraVest Industries had a return on equity of 9.99% and a net margin of 4.35%. As a group, research analysts anticipate that TerraVest Industries will post 4.4510412 earnings per share for the current fiscal year.
TerraVest Industries Company Profile
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. The Fuel Containment segment is engaged in the manufacturing of bulk LPG transport trailers, LPG delivery & service trucks, bulk LPG storage tanks, residential & commercial LPG tanks, dispensers, and other products.
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