BMO Capital Markets Cuts TerraVest Industries (TSE:TVK) Price Target to C$150.00

TerraVest Industries (TSE:TVK) had its price objective lowered by BMO Capital Markets from C$165.00 to C$150.00 in a research note released on Monday morning,BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the company. Desjardins reduced their price objective on TerraVest Industries from C$185.00 to C$175.00 and set a “buy” rating for the company in a research note on Friday, August 15th. National Bankshares cut their price target on TerraVest Industries from C$200.00 to C$185.00 and set an “outperform” rating for the company in a research note on Friday, August 15th. Scotiabank lowered their price objective on shares of TerraVest Industries from C$171.00 to C$165.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Finally, CIBC set a C$175.00 price objective on shares of TerraVest Industries and gave the company a “neutral” rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$175.00.

TerraVest Industries Stock Up 2.8%

TVK stock opened at C$128.37 on Monday. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44. The firm has a market cap of C$2.78 billion, a PE ratio of 33.00 and a beta of 0.48. The firm’s 50 day moving average price is C$130.36 and its 200-day moving average price is C$147.65. TerraVest Industries has a one year low of C$100.31 and a one year high of C$176.64.

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.