Royal Bank Of Canada Increases Toromont Industries (TSE:TIH) Price Target to C$207.00

Toromont Industries (TSE:TIH) had its target price boosted by Royal Bank Of Canada from C$180.00 to C$207.00 in a research note issued to investors on Thursday,BayStreet.CA reports. Royal Bank Of Canada’s price target points to a potential upside of 1.01% from the stock’s current price.

TIH has been the subject of several other research reports. TD Securities boosted their price target on Toromont Industries from C$180.00 to C$195.00 in a research note on Wednesday, February 4th. Raymond James Financial lifted their target price on shares of Toromont Industries from C$172.00 to C$180.00 in a research note on Thursday. Canadian Imperial Bank of Commerce boosted their target price on shares of Toromont Industries from C$172.00 to C$180.00 in a research report on Friday, February 6th. Scotiabank raised their price target on shares of Toromont Industries from C$171.00 to C$175.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Finally, National Bank Financial upped their price objective on shares of Toromont Industries from C$164.00 to C$176.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$190.38.

Toromont Industries Trading Up 3.9%

TSE TIH opened at C$204.93 on Thursday. The company has a current ratio of 2.37, a quick ratio of 1.38 and a debt-to-equity ratio of 23.04. Toromont Industries has a 1-year low of C$107.32 and a 1-year high of C$205.04. The firm’s fifty day simple moving average is C$173.26 and its 200-day simple moving average is C$160.07. The company has a market capitalization of C$16.69 billion, a PE ratio of 33.87, a price-to-earnings-growth ratio of 3.72 and a beta of 0.52.

Toromont Industries (TSE:TIH) last released its quarterly earnings data on Tuesday, February 10th. The company reported C$1.92 earnings per share (EPS) for the quarter. Toromont Industries had a return on equity of 17.74% and a net margin of 10.09%.The firm had revenue of C$1.42 billion during the quarter. As a group, sell-side analysts anticipate that Toromont Industries will post 6.5892495 earnings per share for the current fiscal year.

Insider Activity at Toromont Industries

In other news, insider Jennifer Cochrane sold 5,000 shares of Toromont Industries stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of C$165.00, for a total value of C$825,000.00. Following the transaction, the insider directly owned 12,012 shares in the company, valued at approximately C$1,981,980. The trade was a 29.39% decrease in their ownership of the stock. Insiders own 0.27% of the company’s stock.

Key Stories Impacting Toromont Industries

Here are the key news stories impacting Toromont Industries this week:

• Positive Sentiment: Q4 beat and dividend streak: Coverage highlights Toromont’s Q4 outperformance and its 37th consecutive dividend increase, reinforcing income and growth narratives that support a higher multiple. Article Title
• Positive Sentiment: BMO Capital raised its price target from C$196 to C$210, implying roughly a mid‑single‑digit upside vs recent levels — a bullish signal from a major Canadian bank on execution and margin outlook. Article Title
• Positive Sentiment: RBC raised its target from C$180 to C$207, now implying upside versus the recent price and reinforcing institutional confidence in Toromont’s model. Article Title
• Neutral Sentiment: Canaccord raised its target to C$200 (from C$172) but that level sits roughly in line/just below the recent trading level, signaling recognition of progress but a more conservative view on valuation upside. Article Title Article Title
• Negative Sentiment: Raymond James raised its target to C$180 from C$172, but that level implies roughly mid‑single‑digit downside versus recent trading, suggesting some analysts remain cautious on near‑term valuation despite the operational beat. Article Title
• Neutral Sentiment: For context, Toromont’s fundamentals show solid margins (net margin ~10%), ROE near 18%, trailing EPS of C$1.92 for the quarter and analyst consensus pointing to continued earnings growth — factors supporting a premium multiple but keeping valuations under scrutiny.
• Neutral Sentiment: Earnings call transcript is available for deeper read on management’s outlook and guidance; investors should review margins, backlog, and capital allocation commentary for signals on sustainability of growth. Article Title

Toromont Industries Company Profile

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates primarily in Canada and derives a smaller portion of sales from the United States of America.