Tervita (TEV) Price Target Cut to C$9.50 by Analysts at CIBC

Tervita (TSE:TEV) had its target price cut by CIBC from C$11.00 to C$9.50 in a research report sent to investors on Friday morning.

TEV has been the subject of a number of other reports. GMP Securities boosted their target price on Tervita from C$12.50 to C$13.00 in a research note on Monday, November 19th. Canaccord Genuity boosted their target price on Tervita from C$12.50 to C$13.50 in a research note on Thursday, November 22nd. Finally, National Bank Financial decreased their target price on Tervita from C$11.40 to C$10.40 and set an outperform rating for the company in a research note on Monday, February 4th.

TSE:TEV opened at C$5.95 on Friday. Tervita has a 1 year low of C$1.18 and a 1 year high of C$10.50. The company has a quick ratio of 1.31, a current ratio of 1.54 and a debt-to-equity ratio of 220.49. The stock has a market capitalization of $714.75 million and a price-to-earnings ratio of -8.88.

Tervita Company Profile

Tervita Corporation provides environmental solutions for oil and gas, mining, industry, community, and government customers in Canada and the United States. The company offers bioremediation services, caverns and oil field waste disposal, civil and environmental construction, commercial demolition and decommissioning, energy marketing, engineered landfill disposal, metals recycling, municipal and industrial water treatment, NORM management, oil and gas demolition and recovery, oil recovery, onsite produced and frac water treatment, onsite waste management, remediation and reclamation services, specialized waste containers, spill and emergency response, sulphur services, treatment recovery and disposal, waste classification and tracking services, waste transportation services, and water disposal wells.

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