Westshore Terminals Investment (TSE:WTE) PT Raised to C$25.50

Westshore Terminals Investment (TSE:WTE – Get Rating) had its target price lifted by Scotiabank from C$23.50 to C$25.50 in a research report released on Monday morning, BayStreet.CA reports.

Westshore Terminals Investment Stock Performance

Shares of WTE stock opened at C$25.84 on Monday. The company has a debt-to-equity ratio of 38.44, a quick ratio of 2.07 and a current ratio of 2.33. Westshore Terminals Investment has a fifty-two week low of C$21.59 and a fifty-two week high of C$37.70. The company has a market capitalization of C$1.63 billion, a P/E ratio of 18.46 and a beta of 0.97. The stock has a 50 day moving average price of C$24.61 and a two-hundred day moving average price of C$25.14.

Westshore Terminals Investment Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, January 15th. Stockholders of record on Sunday, January 15th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, December 29th. This is a boost from Westshore Terminals Investment’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a dividend yield of 4.64%. Westshore Terminals Investment’s payout ratio is 85.71%.

About Westshore Terminals Investment

(Get Rating)

Westshore Terminals Investment Corporation operates a coal storage and loading terminal at Roberts Bank, British Columbia. The company has contracts to ship coal from mines in British Columbia, Alberta, and the Northwestern United States. Westshore Terminals Investment Corporation was founded in 1970 and is headquartered in Vancouver, Canada.