Westshore Terminals Investment (TSE:WTE) Given New C$34.00 Price Target at Royal Bank Of Canada

Westshore Terminals Investment (TSE:WTE) had its price target boosted by Royal Bank Of Canada from C$29.00 to C$34.00 in a research report sent to investors on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Westshore Terminals Investment Trading Up 1.7%

TSE WTE opened at C$33.12 on Tuesday. Westshore Terminals Investment has a 12 month low of C$22.20 and a 12 month high of C$33.58. The stock has a 50-day simple moving average of C$30.13 and a 200 day simple moving average of C$27.26. The company has a current ratio of 0.87, a quick ratio of 2.07 and a debt-to-equity ratio of 59.65. The company has a market capitalization of C$2.05 billion, a PE ratio of 25.09 and a beta of 0.41.

Westshore Terminals Investment (TSE:WTE) last issued its earnings results on Friday, March 13th. The company reported C$0.66 earnings per share (EPS) for the quarter. Westshore Terminals Investment had a return on equity of 12.55% and a net margin of 28.08%.The firm had revenue of C$69.15 million for the quarter. Research analysts forecast that Westshore Terminals Investment will post 1.5632706 EPS for the current year.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.