Toromont Industries Ltd T.TIH

Alternate Symbol(s): TMTNF

Industrials Industrial Distribution

Toromont Industries Ltd. is a Canada-based company, which serves the specialized equipment and lifetime product support needs of thousands of customers in diverse industries from roadbuilding to mining and telecommunications to food and beverage processing. The Company operates through two business segments: the Equipment Group and CIMCO. The Equipment Group segment includes a Caterpillar dealership by revenue and geographic territory, spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba, in addition to various territories of Nunavut. The Company’s business also includes heavy equipment rental operations and a material handling business. The CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer product support capabilities.

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Post by Possibleidiot01on May 01, 2023 4:52pm

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Post# 35423710

More analysts

Toromont Industries (TSE:TIH) had its price target raised by analysts at National Bankshares, Inc. from C$124.00 to C$126.00. They now have an "outperform" rating on the stock. This represents a 16.3% upside from the current price of C$108.36.
Toromont Industries (TSE:TIH) had its price target raised by analysts at TD Securities from C$125.00 to C$130.00. They now have a "buy" rating on the stock. This represents a 20.0% upside from the current price of C$108.36.
Toromont Industries (TSE:TIH) had its price target raised by analysts at Royal Bank of Canada from C$131.00 to C$133.00. They now have an "outperform" rating on the stock. This represents a 22.7% upside from the current price of C$108.36.
Toromont Industries (TSE:TIH) had its price target raised by analysts at Scotiabank from C$122.00 to C$125.00. This represents a 15.4% upside from the current price of C$108.36.
Toromont Industries (TSE:TIH) had its price target raised by analysts at CIBC from C$113.00 to C$115.00. This represents a 6.1% upside from the current price of C$108.36.
Toromont Industries (TSE:TIH) had its price target raised by analysts at BMO Capital Markets from C$118.00 to C$124.00. This represents a 14.4% upside from the current price of C$108.36.