Westshore Terminals Investment (TSE:WTE) Given New C$42.00 Price Target at Royal Bank Of Canada

Westshore Terminals Investment (TSE:WTE) had its price objective lifted by Royal Bank Of Canada from C$39.00 to C$42.00 in a report released on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Westshore Terminals Investment Price Performance

WTE opened at C$40.33 on Thursday. Westshore Terminals Investment has a 1 year low of C$24.50 and a 1 year high of C$42.99. The company has a debt-to-equity ratio of 59.39, a quick ratio of 2.07 and a current ratio of 0.98. The company’s 50 day simple moving average is C$39.31 and its 200 day simple moving average is C$34.04. The stock has a market capitalization of C$2.49 billion, a PE ratio of 25.36 and a beta of 0.72.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.