Scotiabank Increases TerraVest Industries (TSE:TVK) Price Target to C$187.00

TerraVest Industries (TSE:TVK) had its price objective raised by equities researchers at Scotiabank from C$184.50 to C$187.00 in a report released on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 35.14% from the company’s current price. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $2.06 EPS and FY2027 earnings at $4.85 EPS.

A number of other equities research analysts also recently weighed in on TVK. BMO Capital Markets raised TerraVest Industries from a “hold” rating to an “outperform” rating and raised their target price for the company from C$150.00 to C$200.00 in a report on Friday, December 12th. Canaccord Genuity Group lifted their target price on shares of TerraVest Industries from C$195.00 to C$209.00 in a research report on Monday, January 12th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$188.50.

TerraVest Industries Price Performance

TSE:TVK traded up C$3.59 during trading hours on Friday, reaching C$138.37. 56,312 shares of the company were exchanged, compared to its average volume of 76,690. The business has a 50 day moving average of C$154.17 and a 200 day moving average of C$144.29. TerraVest Industries has a 1-year low of C$100.31 and a 1-year high of C$176.64. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The company has a market capitalization of C$3.00 billion, a P/E ratio of 33.50 and a beta of 0.57.

TerraVest Industries (TSE:TVK) last issued its quarterly earnings results on Wednesday, February 11th. The company reported C$1.50 EPS for the quarter. TerraVest Industries had a return on equity of 20.85% and a net margin of 6.97%.The company had revenue of C$408.35 million for the quarter. Research analysts forecast that TerraVest Industries will post 4.4510412 EPS for the current year.

About TerraVest Industries

TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company’s operating segments are Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment is engaged in the manufacturing of bulk LPG transport trailers, LPG delivery & service trucks, bulk LPG storage tanks, residential & commercial LPG tanks, dispensers, and other products.