BMO Capital Sticks to Their Buy Rating for Toromont Industries (TIH)


Toromont Industries (TIH), the Services sector company, was revisited by a Wall Street analyst yesterday. Analyst Devin Dodge from BMO Capital rated Toromont Industries (TIH) a Buy, setting a C$66 price target.

According to TipRanks.com, Dodge is ranked #4210 out of 5135 analysts.

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Toromont Industries has an analyst consensus of Moderate Buy, with a price target consensus of C$66.

The company has a one-year high of C$68.11 and a one-year low of C$46.24. Currently, Toromont Industries has an average volume of 170.6K.

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$55.24.

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