A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. BMO Capital’s analyst Devin Dodge reiterates their Buy rating on the shares of Toromont Industries (TIH), with a C$72 price target.
Dodge has an average return of 13.9% when recommending Toromont Industries.
According to TipRanks.com, Dodge is ranked #3996 out of 5180 analysts.
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Currently, the analyst consensus on Toromont Industries is a Moderate Buy with an average price target of C$68.20, representing a 0.1% upside. In a report released today, Raymond James also maintained a Buy rating on the stock with a C$71 price target.
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The company has a one-year high of C$68.11 and a one-year low of C$51.02. Currently, Toromont Industries has an average volume of 132.1K.
Toromont Industries Ltd. engages in the distribution of construction equipment, power systems, and refrigeration systems. It operates through the Equipment Group and CIMCO segments. The Equipment Group segment comprises of Toromont CAT, Battlefield, Sitech, and AgWest.
The company’s shares closed on Tuesday at C$68.12.
