National Bankshares Cuts TerraVest Industries (TSE:TVK) Price Target to C$126.00

TerraVest Industries (TSE:TVK) had its price objective reduced by National Bankshares from C$128.00 to C$126.00 in a report issued on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other research firms have also issued reports on TVK. National Bank Financial lowered shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. Scotiabank set a C$125.00 price target on shares of TerraVest Industries and gave the stock an “outperform” rating in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, TerraVest Industries presently has a consensus rating of “Moderate Buy” and an average target price of C$109.25.

TerraVest Industries Price Performance

TSE TVK opened at C$119.25 on Thursday. The firm’s fifty day simple moving average is C$122.15 and its two-hundred 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. TerraVest Industries has a 12-month low of C$52.15 and a 12-month high of C$139.59. The firm has a market capitalization of C$2.34 billion, a P/E ratio of 35.18 and a beta of 0.66.

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.