TerraVest Industries Inc. (TSE:TVK) Receives Average Recommendation of “Buy” from Brokerages

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

A number of research firms recently commented on TVK. Scotiabank lifted their price target on shares of TerraVest Industries from C$165.00 to C$179.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. BMO Capital Markets upgraded TerraVest Industries from a “hold” rating to an “outperform” rating and boosted their target price for the company from C$150.00 to C$200.00 in a research note on Friday, December 12th.

TerraVest Industries Price Performance

TVK opened at C$167.52 on Monday. The firm has a market cap of C$3.63 billion, a P/E ratio of 40.56 and a beta of 0.60. The firm has a 50-day moving average of C$140.52 and a 200 day moving average of C$146.44. 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 fifty-two week low of C$100.31 and a fifty-two week high of C$176.64.

TerraVest Industries (TSE:TVK) last announced its quarterly earnings data on Thursday, December 11th. The company reported C$0.83 EPS for the quarter. The business had revenue of C$419.41 million for the quarter. TerraVest Industries had a net margin of 6.97% and a return on equity of 20.85%. On average, research analysts expect that TerraVest Industries will post 4.4510412 EPS for the current year.

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. 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.