Westshore Terminals Investment (TSE:WTE) Price Target Increased to C$31.00 by Analysts at TD Securities

Westshore Terminals Investment (TSE:WTE – Get Rating) had its target price raised by TD Securities from C$30.00 to C$31.00 in a report issued on Thursday morning, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Other research analysts have also recently issued reports about the company. CIBC lifted their price objective on Westshore Terminals Investment from C$30.00 to C$35.00 in a research report on Thursday, April 21st. Royal Bank of Canada lowered their price target on shares of Westshore Terminals Investment from C$45.00 to C$43.00 and set an outperform rating on the stock in a report on Tuesday, March 15th.

WTE opened at C$33.86 on Thursday. Westshore Terminals Investment has a 12-month low of C$16.30 and a 12-month high of C$36.85. The company has a market cap of C$2.14 billion and a price-to-earnings ratio of 19.87. The company has a current ratio of 3.70, a quick ratio of 3.43 and a debt-to-equity ratio of 35.93. The company’s 50 day moving average is C$32.85 and its 200 day moving average is C$29.23.

Westshore Terminals Investment (TSE:WTE – Get Rating) last issued its quarterly earnings data on Friday, March 11th. The company reported C$0.40 earnings per share (EPS) for the quarter. The business had revenue of C$84.67 million for the quarter. As a group, analysts predict that Westshore Terminals Investment will post 1.5099999 EPS for the current fiscal year.

About Westshore Terminals Investment (Get Rating)

Westshore Terminals Investment Corporation operates a coal storage and loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the Northwestern United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.

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