TerraVest Industries (TSE:TVK) Given a C$125.00 Price Target by Scotiabank Analysts

Scotiabank set a C$125.00 price objective on TerraVest Industries (TSE:TVK - Free Report) in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other analysts have also recently commented on the stock. National Bank Financial cut shares of TerraVest Industries from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 25th. National Bankshares boosted their price objective on TerraVest Industries from C$104.00 to C$128.00 in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$109.75.

TerraVest Industries Trading Up 7.1 %

TerraVest Industries stock traded up C$8.10 during mid-day trading on Tuesday, hitting C$121.78. 124,760 shares of the stock were exchanged, compared to its average volume of 67,513. The stock has a market capitalization of C$2.37 billion, a price-to-earnings ratio of 35.30 and a beta of 0.66. TerraVest Industries has a 12 month low of C$43.89 and a 12 month high of C$127.55. The company has a quick ratio of 0.91, a current ratio of 2.32 and a debt-to-equity ratio of 71.72. The firm's fifty day simple moving average is C$116.18 and its two-hundred day simple moving average is C$98.70.

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.