National Bankshares Forecasts Strong Price Appreciation for TerraVest Industries (TSE:TVK) Stock

TerraVest Industries (TSE:TVK) had its price target hoisted by investment analysts at National Bankshares from C$126.00 to C$134.00 in a report released on Tuesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price objective suggests a potential downside of 4.86% from the stock’s previous close.

Several other equities analysts also recently commented on TVK. Scotiabank increased their target price on shares of TerraVest Industries from C$125.00 to C$126.00 in a research report on Tuesday, February 18th. National Bank Financial downgraded shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$137.00.

TerraVest Industries Price Performance

Shares of TSE:TVK opened at C$140.85 on Tuesday. The company has a current ratio of 2.44, a quick ratio of 0.91 and a debt-to-equity ratio of 82.38. TerraVest Industries has a 1 year low of C$55.73 and a 1 year high of C$144.99. The business has a fifty day simple moving average of C$122.17 and a 200 day simple moving average of C$112.76. The firm has a market cap of C$2.77 billion, a price-to-earnings ratio of 41.56 and a beta of 0.66.

TerraVest Industries Company Profile

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.