TerraVest Industries (TSE:TVK) Price Target Lowered to C$126.00 at National Bankshares

TerraVest Industries (TSE:TVK) had its price objective reduced by National Bankshares from C$128.00 to C$126.00 in a research report sent to investors on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other analysts also recently commented on TVK. National Bank Financial downgraded shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. Scotiabank set a C$125.00 target price on shares of TerraVest Industries and gave the stock an “outperform” rating in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, TerraVest Industries presently has a consensus rating of “Moderate Buy” and an average price target of C$109.25.

TerraVest Industries Stock Performance

Shares of TVK stock opened at C$118.83 on Thursday. The company has a market capitalization of C$2.33 billion, a price-to-earnings ratio of 35.06 and a beta of 0.66. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44. The company has a 50-day simple moving average of C$122.13 and a 200 day simple moving average of C$107.70. TerraVest Industries has a 52 week low of C$52.15 and a 52 week high of C$139.59.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.