TerraVest Industries Inc. (TSE:TVK – Get Free Report) shares rose 17.3% during mid-day trading on Monday . The stock traded as high as C$128.00 and last traded at C$127.52. Approximately 108,954 shares traded hands during trading, an increase of 10% from the average daily volume of 98,697 shares. The stock had previously closed at C$108.71.
Analysts Set New Price Targets
TVK has been the topic of several analyst reports. National Bank Financial cut shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. National Bankshares cut their price target on TerraVest Industries from C$128.00 to C$126.00 and set a “sector perform” rating for the company in a research note on Thursday, February 13th. Finally, Scotiabank lifted their price target on TerraVest Industries from C$125.00 to C$126.00 in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, TerraVest Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of C$109.50.
View Our Latest Analysis on TerraVest Industries
TerraVest Industries Price Performance
TerraVest Industries Company Profile
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.
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