Toromont Industries (TIH) News Today

Toromont Industries Ltd. (TSE:TIH) has seen its shares rise on the back of multiple analyst price-target increases, upgraded earnings forecasts and a dividend boost that drove the stock to fresh 12-month highs.

• Positive Sentiment: Raymond James Financial lifted its price target from C$122.00 to C$125.00, maintaining a market perform rating. Raymond James Raises Target
• Positive Sentiment: CIBC boosted its target from C$129.00 to C$148.00, while retaining a neutral rating on the shares. CIBC Raises Forecast
• Positive Sentiment: Scotiabank raised its price objective from C$132.00 to C$140.00 with a sector-perform rating. Scotiabank Lifts Objective
• Positive Sentiment: National Bankshares increased its target to C$140.00 from C$130.00 and reiterated an outperform rating. NB Shares Raises Target
• Positive Sentiment: TD Securities nudged its price target up to C$154.00 from C$153.00 and maintained a buy rating. TD Securities Boosts Target
• Positive Sentiment: BMO Capital Markets raised its objective from C$140.00 to C$147.00 in its latest note. BMO Raises Forecast
• Positive Sentiment: National Bank Financial upped its FY2025 EPS estimate to $6.09 from $5.84 and sees FY2026 at $6.67 per share. NBF Increases EPS Estimate
• Positive Sentiment: Shares hit a new 12-month high following a dividend announcement. Dividend Drives High