Scotiabank Boosts Westshore Terminals Investment Corp (WTE) Price Target to C$28.00
Westshore Terminals Investment Corp (TSE:WTE) had its target price raised by research analysts at Scotiabank from C$27.00 to C$28.00 in a research note issued to investors on Friday. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 14.29% from the stock’s current price.
Several other research firms have also weighed in on WTE. TD Securities boosted their price target on Westshore Terminals Investment Corp from C$27.00 to C$31.00 and gave the stock a “buy” rating in a research report on Thursday, July 27th. Royal Bank Of Canada raised Westshore Terminals Investment Corp from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$24.00 to C$30.00 in a research report on Tuesday, July 25th.
Westshore Terminals Investment Corp (TSE WTE) traded up C$25.29 during mid-day trading on Friday, hitting C$25.29. 63,282 shares of the stock were exchanged.
In other Westshore Terminals Investment Corp news, insider James A. Pattison purchased 43,500 shares of Westshore Terminals Investment Corp stock in a transaction on Wednesday, August 30th. The stock was bought at an average price of C$24.80 per share, for a total transaction of C$1,078,800.00. Also, Director Glenn Dalziel Dudar purchased 1,400 shares of Westshore Terminals Investment Corp stock in a transaction on Friday, September 8th. The shares were acquired at an average price of C$24.74 per share, with a total value of C$34,636.00. Over the last 90 days, insiders have purchased 94,900 shares of company stock valued at $2,350,936.
Westshore Terminals Investment Corp Company Profile
Westshore Terminals Investment Corporation, through its limited partner interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It has contracts to ship coal from five mines in British Columbia and one mine in Alberta, as well as from three mines in the north-western United States.
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