Westshore Terminals Investment (TSE:WTE) Price Target Raised to C$34.00

Westshore Terminals Investment (TSE:WTE) had its price target lifted by Royal Bank Of Canada from C$29.00 to C$34.00 in a research report sent to investors on Tuesday morning,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Westshore Terminals Investment Price Performance

Shares of TSE WTE opened at C$32.85 on Tuesday. The company has a current ratio of 0.87, a quick ratio of 2.07 and a debt-to-equity ratio of 59.65. The company has a market capitalization of C$2.03 billion, a price-to-earnings ratio of 24.89 and a beta of 0.41. Westshore Terminals Investment has a twelve month low of C$22.20 and a twelve month high of C$33.58. The business has a 50 day simple moving average of C$30.38 and a 200-day simple moving average of C$27.34.

Westshore Terminals Investment (TSE:WTE) last announced its quarterly earnings data on Friday, March 13th. The company reported C$0.66 earnings per share (EPS) for the quarter. The firm had revenue of C$69.15 million for the quarter. Westshore Terminals Investment had a return on equity of 12.55% and a net margin of 28.08%. As a group, equities research analysts expect that Westshore Terminals Investment will post 1.5632706 earnings per share for the current year.

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.