Westshore Terminals Investment Corp (TSE:WTE) had its price target upped by RBC Capital Markets from C$24.00 to C$26.00 in a report released on Friday morning. The firm currently has an outperform rating on the stock.

Other research analysts have also recently issued reports about the stock. TD Securities restated a hold rating and set a C$17.50 price target on shares of Westshore Terminals Investment Corp in a report on Thursday, August 4th. Scotiabank boosted their target price on shares of Westshore Terminals Investment Corp from C$18.75 to C$19.00 and gave the company a sector perform rating in a research note on Friday, August 5th. CIBC boosted their price target on shares of Westshore Terminals Investment Corp from C$15.00 to C$20.00 and gave the company a sector perform rating in a research report on Tuesday, August 9th. BMO Capital Markets raised shares of Westshore Terminals Investment Corp from an underperform rating to a market perform rating and boosted their price target for the company from C$14.00 to C$19.00 in a research report on Monday, August 15th. Finally, Royal Bank Of Canada boosted their price target on shares of Westshore Terminals Investment Corp from C$24.00 to C$26.00 and gave the company an outperform rating in a research report on Friday. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Westshore Terminals Investment Corp has an average rating of Hold and an average target price of C$22.43.

Analyst Recommendations for Westshore Terminals Investment Corp (TSE:WTE)

Shares of Westshore Terminals Investment Corp (TSE:WTE) traded up 1.66% during midday trading on Friday, hitting $24.43. 133,701 shares of the stock were exchanged. The stock has a market capitalization of $1.80 billion and a price-to-earnings ratio of 12.42. Westshore Terminals Investment Corp has a 1-year low of $9.84 and a 1-year high of $28.09. The firm’s 50 day moving average is $22.52 and its 200-day moving average is $19.39.

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 15th. Shareholders of record on Saturday, October 15th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.64 annualized dividend and a yield of 2.62%.

In other news, insider James A. Pattison purchased 150,000 shares of the company’s stock in a transaction on Friday, October 7th. The stock was acquired at an average price of C$24.38 per share, with a total value of C$3,657,000.00.

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