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A number of firms have modified their ratings and price targets on shares of Toromont Industries (TSE: TIH) recently:

  • Toromont Industries had its price target lowered by analysts at Cantor Fitzgerald from C$28.00 to C$26.00. They now have a “hold” rating on the stock.
  • Toromont Industries had its price target raised by analysts at M Partners from C$26.50 to C$27.75. They now have a “hold” rating on the stock.
  • Toromont Industries had its price target lowered by analysts at Canaccord Genuity from C$29.50 to C$28.50. They now have a “buy” rating on the stock.
  • Toromont Industries had its price target lowered by analysts at RBC Capital from C$29.00 to C$28.00. They now have an “outperform” rating on the stock.
  • Toromont Industries had its price target lowered by analysts at Raymond James from C$28.00 to C$26.00. They now have a “market perform” rating on the stock.
  • Toromont Industries had its price target raised by analysts at Desjardins from C$25.00 to C$27.00. They now have a “hold” rating on the stock.

Shares of Toromont Industries Ltd. (TSE:TIH) traded down 0.16% during mid-day trading on Thursday, hitting $24.75. The stock had a trading volume of 202,714 shares. Toromont Industries Ltd. has a 52-week low of $21.58 and a 52-week high of $26.94. The stock has a 50-day moving average of $25.85 and a 200-day moving average of $24.40. The company has a market cap of $1.898 billion and a P/E ratio of 15.40.

Toromont Industries Ltd. (TSE:TIH) operates through two business segments: the Equipment Group and CIMCO.

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