Westshore Terminals Investment (TSE:WTE) PT Lowered to C$25.00 at Royal Bank of Canada

Westshore Terminals Investment (TSE:WTE) had its target price cut by analysts at Royal Bank of Canada from C$27.00 to C$25.00 in a report released on Tuesday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 6.52% from the stock’s previous close.

Several other equities analysts also recently issued reports on WTE. CIBC cut their price objective on shares of Westshore Terminals Investment from C$30.00 to C$29.00 and set a “neutral” rating on the stock in a report on Tuesday. Scotiabank decreased their price target on shares of Westshore Terminals Investment from C$27.00 to C$24.50 in a report on Monday.

Westshore Terminals Investment Trading Down 1.9 %

TSE WTE opened at C$23.47 on Tuesday. Westshore Terminals Investment has a 52 week low of C$22.73 and a 52 week high of C$33.72. The company has a 50 day moving average price of C$25.53 and a 200 day moving average price of C$26.00. The company has a quick ratio of 2.07, a current ratio of 1.22 and a debt-to-equity ratio of 62.47. The firm has a market cap of C$1.47 billion, a PE ratio of 12.62 and a beta of 0.88.

Westshore Terminals Investment (TSE:WTE) last issued its quarterly earnings results on Friday, March 8th. The company reported C$0.36 earnings per share (EPS) for the quarter. The business had revenue of C$88.69 million for the quarter. Westshore Terminals Investment had a return on equity of 13.92% and a net margin of 26.97%. As a group, sell-side analysts forecast that Westshore Terminals Investment will post 1.6696203 EPS for the current fiscal year.

About Westshore Terminals Investment

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