Tervita (TSE:TEV) had its price target upped by TD Securities from C$8.50 to C$9.00 in a report issued on Friday, BayStreet.CA reports. TD Securities currently has an action list buy rating on the stock.
Other research analysts also recently issued research reports about the stock. Royal Bank of Canada reaffirmed a sector perform rating and issued a C$9.00 price target on shares of Tervita in a research note on Wednesday, July 3rd. Canaccord Genuity reduced their price target on shares of Tervita from C$10.00 to C$9.50 in a research note on Wednesday, May 29th. CIBC reduced their price target on shares of Tervita from C$9.50 to C$8.50 in a research note on Tuesday, April 23rd. Finally, Seaport Global Securities reaffirmed a buy rating and issued a C$9.00 price target on shares of Tervita in a research note on Monday, June 24th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of Buy and an average target price of C$9.64.
TEV stock opened at C$6.50 on Friday. The stock has a market cap of $764.12 million and a P/E ratio of -9.23. Tervita has a 12 month low of C$5.60 and a 12 month high of C$9.94. The business has a 50-day moving average of C$6.68. The company has a quick ratio of 1.26, a current ratio of 1.44 and a debt-to-equity ratio of 248.49.
Tervita Corporation provides environmental solutions for oil and gas, mining, industry, community, and government customers in Canada and the United States. The company offers bioremediation services, caverns and oil field waste disposal, civil and environmental construction, commercial demolition and decommissioning, energy marketing, engineered landfill disposal, metals recycling, municipal and industrial water treatment, NORM management, oil and gas demolition and recovery, oil recovery, onsite produced and frac water treatment, onsite waste management, remediation and reclamation services, specialized waste containers, spill and emergency response, sulphur services, treatment recovery and disposal, waste classification and tracking services, waste transportation services, and water disposal wells.
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