TerraVest Industries (TSE:TVK) Raised to “Outperform” at National Bankshares

TerraVest Industries (TSE:TVK) was upgraded by analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a C$190.00 price objective on the stock, up from their previous price objective of C$134.00. National Bankshares’ price target suggests a potential upside of 17.55% from the stock’s previous close.

Several other equities analysts have also commented on TVK. Scotiabank upped their target price on TerraVest Industries from C$140.00 to C$141.00 in a research note on Thursday, April 10th. Desjardins increased their price objective on shares of TerraVest Industries from C$125.00 to C$150.00 and gave the stock a “buy” rating in a report on Tuesday, March 18th. Finally, Canaccord Genuity Group boosted their target price on shares of TerraVest Industries from C$132.00 to C$170.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$148.40.

TerraVest Industries Stock Up 9.5 %

Shares of TSE TVK opened at C$161.64 on Friday. The firm has a market cap of C$3.17 billion, a P/E ratio of 47.69 and a beta of 0.66. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44. TerraVest Industries has a 1 year low of C$67.66 and a 1 year high of C$162.98. The firm’s 50 day moving average price is C$131.90 and its 200 day moving average price is C$122.55.

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.