Westshore Terminals Investment (TSE:WTE – Get Free Report) had its price target hoisted by research analysts at Royal Bank Of Canada from C$47.00 to C$48.00 in a research report issued to clients and investors on Tuesday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price target indicates a potential upside of 6.24% from the company’s previous close.
Westshore Terminals Investment Trading Down 1.7%
TSE WTE traded down C$0.78 during trading hours on Tuesday, hitting C$45.18. 96,310 shares of the company’s stock were exchanged, compared to its average volume of 105,869. The stock has a 50-day simple moving average of C$42.88 and a 200 day simple moving average of C$38.35. Westshore Terminals Investment has a 1-year low of C$24.50 and a 1-year high of C$48.28. The firm has a market cap of C$2.79 billion, a price-to-earnings ratio of 28.42 and a beta of 0.27. The company has a current ratio of 1.04, a quick ratio of 2.07 and a debt-to-equity ratio of 58.75.
Westshore Terminals Investment (TSE:WTE – Get Free Report) last issued its earnings results on Saturday, November 7th. The company reported C$0.47 earnings per share for the quarter. Westshore Terminals Investment had a return on equity of 13.28% and a net margin of 29.65%. The business had revenue of C$106.00 million during the quarter. On average, equities analysts forecast that Westshore Terminals Investment will post 1.56 EPS for the current fiscal year.
Westshore Terminals Investment Company Profile
Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.
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