TerraVest Industries (TSE:TVK) Price Target Raised to C$150.00

TerraVest Industries (TSE:TVK) had its target price hoisted by Desjardins from C$125.00 to C$150.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price objective would suggest a potential upside of 6.50% from the stock’s previous close.

Several other equities research analysts also recently weighed in on TVK. Scotiabank lifted their price target on shares of TerraVest Industries from C$125.00 to C$126.00 in a research note on Tuesday, February 18th. National Bank Financial downgraded shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Finally, National Bankshares lifted their price target on shares of TerraVest Industries from C$126.00 to C$134.00 and gave the company a “sector perform” rating in a research note on Tuesday. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$137.00.

TerraVest Industries Price Performance

TVK stock opened at C$140.85 on Tuesday. 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. The company has a quick ratio of 0.91, a current ratio of 2.44 and a debt-to-equity ratio of 82.38. TerraVest Industries has a 12-month low of C$55.73 and a 12-month high of C$144.99. The company’s fifty day simple moving average is C$122.17 and its 200 day simple moving average is C$112.76.

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.