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

TerraVest Industries (TSE:TVK - Get Free Report) had its target price boosted by National Bankshares from C$126.00 to C$134.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. National Bankshares' target price would indicate a potential downside of 9.59% from the company's previous close.

A number of other research firms also recently commented on TVK. Scotiabank lifted their target price on TerraVest Industries from C$125.00 to C$126.00 in a report on Tuesday, February 18th. National Bank Financial downgraded TerraVest Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, November 25th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, TerraVest Industries currently has a consensus rating of "Moderate Buy" and an average price target of C$137.00.

TerraVest Industries Stock Performance

Shares of TerraVest Industries stock traded up C$3.22 on Tuesday, reaching C$148.21. 309,805 shares of the stock were exchanged, compared to its average volume of 112,501. 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 twelve month low of C$56.35 and a twelve month high of C$149.51. The firm has a market capitalization of C$2.91 billion, a price-to-earnings ratio of 43.73 and a beta of 0.66. The business has a 50 day moving average price of C$123.43 and a two-hundred day moving average price of C$113.23.

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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.