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

TerraVest Industries (TSE:TVK) had its target price upped by Scotiabank from C$125.00 to C$126.00 in a research report report published on Tuesday,BayStreet.CA reports.

Other equities analysts have also issued research reports about the stock. National Bank Financial lowered shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. National Bankshares decreased their price target on shares of TerraVest Industries from C$128.00 to C$126.00 and set a “sector perform” rating on the stock in a report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, TerraVest Industries has a consensus rating of “Moderate Buy” and an average target price of C$109.50.

TerraVest Industries Stock Up 0.8 %

TVK stock opened at C$120.23 on Tuesday. The stock has a market capitalization of C$2.36 billion, a P/E ratio of 35.47 and a beta of 0.66. 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 has a one year low of C$52.15 and a one year high of C$139.59. The company has a 50 day moving average price of C$122.09 and a two-hundred day moving average price of C$108.50.

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.