Analysts Set TerraVest Industries Inc. (TSE:TVK) PT at C$167.00

Shares of TerraVest Industries Inc. (TSE:TVK) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$159.50.

Several research analysts recently commented on TVK shares. Canaccord Genuity Group decreased their target price on shares of TerraVest Industries from C$190.00 to C$140.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Scotiabank dropped their price target on shares of TerraVest Industries from C$178.00 to C$172.00 and set a “sector outperform” rating for the company in a research report on Tuesday, May 19th. National Bank Financial cut their price target on shares of TerraVest Industries from C$175.00 to C$170.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Canadian Imperial Bank of Commerce decreased their price objective on shares of TerraVest Industries from C$160.00 to C$130.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 8th. Finally, BMO Capital Markets decreased their price objective on shares of TerraVest Industries from C$190.00 to C$170.00 in a research report on Friday, May 15th.

TerraVest Industries Price Performance

TVK opened at C$117.06 on Monday. The stock’s 50 day simple moving average is C$127.99 and its 200 day simple moving average is C$139.89. The company has a debt-to-equity ratio of 145.05, a current ratio of 1.49 and a quick ratio of 0.91. TerraVest Industries has a 1 year low of C$95.00 and a 1 year high of C$175.20. The firm has a market cap of C$2.54 billion, a price-to-earnings ratio of 35.80 and a beta of 0.90.

TerraVest Industries (TSE:TVK) last announced its quarterly earnings data on Thursday, May 14th. The company reported C$0.45 earnings per share for the quarter. The firm had revenue of C$442.56 million during the quarter. TerraVest Industries had a return on equity of 9.99% and a net margin of 4.35%. As a group, analysts predict 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.