Scotiabank Issues Positive Forecast for TerraVest Industries (TSE:TVK) Stock Price

TerraVest Industries (TSE:TVK) had its price objective boosted by Scotiabank from C$184.50 to C$187.00 in a research note released on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $2.06 EPS and FY2027 earnings at $4.85 EPS.

A number of other brokerages have also recently weighed in on TVK. Canaccord Genuity Group upped their price target on shares of TerraVest Industries from C$195.00 to C$209.00 in a research report on Monday, January 12th. BMO Capital Markets upgraded TerraVest Industries from a “hold” rating to an “outperform” rating and boosted their price objective for the stock from C$150.00 to C$200.00 in a research note on Friday, December 12th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$188.50.

TerraVest Industries Stock Performance

Shares of TSE TVK opened at C$139.65 on Friday. The company has a 50-day simple moving average of C$154.45 and a 200-day simple moving average of C$144.09. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The company has a market cap of C$3.03 billion, a PE ratio of 33.81 and a beta of 0.57. TerraVest Industries has a 12 month low of C$100.31 and a 12 month high of C$176.64.

TerraVest Industries (TSE:TVK) last announced its quarterly earnings data on Wednesday, February 11th. The company reported C$1.50 earnings per share for the quarter. The business had revenue of C$408.35 million for the quarter. TerraVest Industries had a net margin of 6.97% and a return on equity of 20.85%. On average, equities analysts anticipate that TerraVest Industries will post 4.4510412 earnings per share for the current year.

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. 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.