TerraVest Industries (TSE:TVK) Given New C$141.00 Price Target at Scotiabank

TerraVest Industries (TSE:TVK) had its target price boosted by Scotiabank from C$140.00 to C$141.00 in a note issued to investors on Thursday,BayStreet.CA reports. Scotiabank’s target price suggests a potential upside of 6.93% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Desjardins boosted their price objective on shares of TerraVest Industries from C$125.00 to C$150.00 and gave the stock a “buy” rating in a report on Tuesday, March 18th. National Bankshares lifted their target price on TerraVest Industries from C$126.00 to C$134.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 18th. Finally, Canaccord Genuity Group increased their price target on TerraVest Industries from C$132.00 to C$170.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, TerraVest Industries currently has an average rating of “Moderate Buy” and a consensus price target of C$137.20.

TerraVest Industries Price Performance

TVK stock opened at C$131.86 on Thursday. The firm has a market cap of C$2.59 billion, a P/E ratio of 38.90 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 1 year low of C$67.66 and a 1 year high of C$152.07. The stock has a 50-day simple moving average of C$126.30 and a 200-day simple moving average of C$118.02.

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.