TerraVest Industries (TSE:TVK) Price Target Cut to C$126.00 by Analysts at National Bankshares

TerraVest Industries (TSE:TVK) had its price target cut by investment analysts at National Bankshares from C$128.00 to C$126.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 5.55% from the company’s current price.

Other analysts have also issued reports about the stock. Scotiabank set a C$125.00 price objective on shares of TerraVest Industries and gave the company an “outperform” rating in a research note on Tuesday, January 14th. National Bank Financial lowered shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, TerraVest Industries has a consensus rating of “Moderate Buy” and an average target price of C$109.25.

TerraVest Industries Trading Down 1.3 %

TVK stock traded down C$1.52 during mid-day trading on Thursday, reaching C$119.38. 126,209 shares of the stock traded hands, compared to its average volume of 94,308. The company has a current ratio of 2.44, a quick ratio of 0.91 and a debt-to-equity ratio of 82.38. TerraVest Industries has a 52-week low of C$52.15 and a 52-week high of C$139.59. The company has a market cap of C$2.34 billion, a P/E ratio of 35.22 and a beta of 0.66. The stock’s fifty day moving average is C$122.13 and its 200-day moving average is C$107.44.

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.