Westshore Terminals Investment Corp (WTE) Price Target Raised to C$23.00
Westshore Terminals Investment Corp (TSE:WTE) had its price target upped by CIBC from C$20.00 to C$23.00 in a research note issued to investors on Thursday, StockTargetPrices.com reports. CIBC’s target price points to a potential downside of 1.08% from the company’s current price.
WTE has been the topic of several other reports. BMO Capital Markets upgraded shares of Westshore Terminals Investment Corp from an “underperform” rating to a “market perform” rating and boosted their target price for the company from C$14.00 to C$19.00 in a report on Monday, August 15th. RBC Capital Markets boosted their price target on shares of Westshore Terminals Investment Corp from C$23.00 to C$24.00 in a research note on Saturday, August 6th. TD Securities reissued a “hold” rating and issued a C$17.50 price target on shares of Westshore Terminals Investment Corp in a research note on Thursday, August 4th. Finally, Scotiabank boosted their price target on shares of Westshore Terminals Investment Corp from C$18.75 to C$19.00 and gave the company a “sector perform” rating in a research note on Friday, August 5th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of C$21.71.
Westshore Terminals Investment Corp (TSE:WTE) traded up 5.20% on Thursday, hitting $24.46. 147,415 shares of the company’s stock traded hands. The stock has a market cap of $1.80 billion and a PE ratio of 12.44. The stock has a 50-day moving average of $21.05 and a 200-day moving average of $18.68. Westshore Terminals Investment Corp has a one year low of $9.84 and a one year high of $28.33.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/westshore-terminals-investment-corp-wte-price-target-raised-to-c23-00.html
Receive News & Ratings for Westshore Terminals Investment Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westshore Terminals Investment Corp and related companies with MarketBeat.com's FREE daily email newsletter.