TerraVest Industries Inc. (TSE:TVK) Given Consensus Rating of “Buy” by Brokerages

TerraVest Industries Inc. (TSE:TVK) has received a consensus rating of “Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$185.67.

Several research analysts recently issued reports on TVK shares. Scotiabank increased 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 stock from C$150.00 to C$200.00 in a research report on Friday, December 12th.

TerraVest Industries Stock Performance

Shares of TVK opened at C$154.66 on Thursday. The stock has a market capitalization of C$3.35 billion, a P/E ratio of 37.45 and a beta of 0.48. 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 1 year low of C$100.31 and a 1 year high of C$176.64. The company’s fifty day moving average is C$131.73 and its two-hundred day moving average is C$147.33.

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.