Royal Bank of Canada Reiterates "C$25.00" Price Target for Westshore Terminals Investment (TSE:WTE)

Royal Bank of Canada set a C$25.00 price objective on Westshore Terminals Investment (TSE:WTE - Free Report) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Westshore Terminals Investment Price Performance

Westshore Terminals Investment stock traded down C$0.63 during mid-day trading on Wednesday, hitting C$24.72. The company's stock had a trading volume of 180,334 shares, compared to its average volume of 122,912. The stock has a market capitalization of C$1.53 billion, a P/E ratio of 14.38 and a beta of 0.86. Westshore Terminals Investment has a twelve month low of C$21.60 and a twelve month high of C$26.78. The stock's fifty day moving average price is C$24.19 and its two-hundred day moving average price is C$23.69. The company has a quick ratio of 2.07, a current ratio of 1.08 and a debt-to-equity ratio of 62.46.

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.