TerraVest Industries Inc. (TSE:TVK) Given Average Rating of “Buy” by Brokerages

TerraVest Industries Inc. (TSE:TVK) has been given an average rating of “Buy” by the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$185.67.

TVK has been the subject of several research reports. Scotiabank upped their price target on shares of TerraVest Industries from C$165.00 to C$179.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. BMO Capital Markets raised shares of TerraVest Industries from a “hold” rating to an “outperform” rating and upped their target price for the company from C$150.00 to C$200.00 in a report on Friday, December 12th.

TerraVest Industries Price Performance

Shares of TSE TVK opened at C$154.66 on Thursday. The stock has a market cap of C$3.35 billion, a P/E ratio of 37.45 and a beta of 0.48. TerraVest Industries has a twelve month low of C$100.31 and a twelve month high of C$176.64. The stock has a 50 day moving average of C$131.73 and a two-hundred day moving average of C$147.33. The company has a current ratio of 2.44, a quick ratio of 0.91 and a debt-to-equity ratio of 82.38.

TerraVest Industries Company Profile

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.