Westshore Terminals Investment (TSE:WTE) Given New C$21.00 Price Target at BMO Capital Markets

Westshore Terminals Investment (TSE:WTE) had its price objective increased by BMO Capital Markets from C$20.00 to C$21.00 in a report issued on Wednesday, BayStreet.CA reports. BMO Capital Markets’ price objective would suggest a potential downside of 0.94% from the company’s current price.

Separately, TD Securities lifted their price target on shares of Westshore Terminals Investment from C$20.00 to C$21.00 and gave the company a “hold” rating in a report on Monday, May 6th.

TSE WTE traded up C$0.50 on Wednesday, reaching C$21.20. The company had a trading volume of 195,726 shares, compared to its average volume of 177,936. The company has a debt-to-equity ratio of 45.88, a current ratio of 1.08 and a quick ratio of 0.82. The stock has a market cap of $1.38 billion and a PE ratio of 11.21. The stock’s 50 day moving average is C$21.45. Westshore Terminals Investment has a 12 month low of C$17.64 and a 12 month high of C$27.50.

About Westshore Terminals Investment

Westshore Terminals Investment Corporation, through its limited partner interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It has contracts to ship coal from five mines in British Columbia and one mine in Alberta, as well as from three mines in the north-western United States.

Read More: How a Strangle Strategy is different from a Straddle Strategy

Receive News & Ratings for Westshore Terminals Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westshore Terminals Investment and related companies with MarketBeat.com's FREE daily email newsletter.