Westshore Terminals Investment (TSE:WTE) PT Lowered to C$24.50 at Scotiabank

Westshore Terminals Investment (TSE:WTE) had its target price decreased by stock analysts at Scotiabank from C$27.00 to C$24.50 in a research report issued on Monday, BayStreet.CA reports. Scotiabank’s target price suggests a potential upside of 2.38% from the company’s previous close.

Separately, CIBC raised their price objective on Westshore Terminals Investment from C$29.00 to C$30.00 and gave the company a “neutral” rating in a report on Friday, January 12th.

Westshore Terminals Investment Stock Down 2.8 %

Westshore Terminals Investment stock opened at C$23.93 on Monday. The firm has a market cap of C$1.50 billion, a price-to-earnings ratio of 12.87 and a beta of 0.88. Westshore Terminals Investment has a 52 week low of C$22.73 and a 52 week high of C$33.72. The business’s 50-day moving average price is C$25.58 and its 200 day moving average price is C$26.02. The company has a quick ratio of 2.07, a current ratio of 1.22 and a debt-to-equity ratio of 62.47.

Westshore Terminals Investment (TSE:WTE) last posted its earnings results on Friday, March 8th. The company reported C$0.36 EPS for the quarter. The firm had revenue of C$88.69 million for the quarter. Westshore Terminals Investment had a return on equity of 13.92% and a net margin of 26.97%. As a group, sell-side analysts anticipate that Westshore Terminals Investment will post 1.6696203 earnings per share for the current year.

About Westshore Terminals Investment

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