Several brokerages have updated their recommendations and price targets on shares of TerraVest Industries (TSE: TVK) in the last few weeks:
- 5/19/2026 – TerraVest Industries had its price target lowered by Scotiabank from C$178.00 to C$172.00. They now have a “sector outperform” rating on the stock.
- 5/19/2026 – TerraVest Industries had its price target lowered by Canaccord Genuity Group Inc. from C$192.00 to C$190.00. They now have a “buy” rating on the stock.
- 5/15/2026 – TerraVest Industries had its price target lowered by National Bank Financial from C$175.00 to C$170.00. They now have an “outperform” rating on the stock.
- 5/15/2026 – TerraVest Industries had its price target lowered by BMO Capital Markets from C$190.00 to C$170.00.
- 5/4/2026 – TerraVest Industries had its price target lowered by Scotiabank from C$187.00 to C$178.00. They now have a “sector outperform” rating on the stock.
TerraVest Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, April 10th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 31st. TerraVest Industries’s payout ratio is presently 22.94%.
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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