TSE:TIH - Toromont Industries Ltd. (TIH.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$93.07
  • Forecasted Upside: 2.60 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$90.71
▲ +1.4 (1.57%)
1 month | 3 months | 12 months
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Analyst Price Target for TIH

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$93.07
▲ +2.60% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Toromont Industries Ltd. (TIH.TO) in the last 3 months. The average price target is C$93.07, with a high forecast of C$98.00 and a low forecast of C$85.00. The average price target represents a 2.60% upside from the last price of C$90.71.
Buy
The current consensus among 4 investment analysts is to buy stock in Toromont Industries Ltd. (TIH.TO). This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/12/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/10/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/9/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/8/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/6/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/4/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/3/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/3/2020

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
11/10/2020CIBCBoost Price TargetC$73.00 ➝ C$90.00
i
11/9/2020TD SecuritiesBoost Price TargetHoldC$78.00 ➝ C$95.00
i
11/9/2020Raymond JamesBoost Price TargetOutperformC$75.00 ➝ C$91.50
i
11/9/2020National Bank FinancialBoost Price TargetOutperformC$88.50 ➝ C$98.00
i
11/9/2020BMO Capital MarketsBoost Price TargetC$80.00 ➝ C$96.00
i
11/9/2020Canaccord GenuityBoost Price TargetC$82.00 ➝ C$96.00
i
10/22/2020ScotiabankBoost Price TargetC$73.00 ➝ C$85.00
i
10/21/2020National Bank FinancialBoost Price TargetOutperformC$76.00 ➝ C$88.50
i
10/15/2020National Bank FinancialBoost Price TargetOutperformC$76.00 ➝ C$88.50
i
9/24/2020Canaccord GenuityBoost Price TargetC$77.00 ➝ C$82.00
i
7/30/2020Raymond JamesBoost Price TargetOutperformC$66.00 ➝ C$75.00
i
7/30/2020BMO Capital MarketsBoost Price TargetC$72.00 ➝ C$80.00
i
7/30/2020TD SecuritiesBoost Price TargetHoldC$73.00 ➝ C$78.00
i
7/23/2020ScotiabankBoost Price TargetC$63.00 ➝ C$72.00
i
7/23/2020Canaccord GenuityBoost Price TargetC$71.00 ➝ C$77.00
i
6/23/2020TD SecuritiesDowngradeBuy ➝ HoldC$73.00
i
5/4/2020TD SecuritiesLower Price TargetBuyC$75.00 ➝ C$73.00
i
5/4/2020Raymond JamesSet Price TargetOutperformC$66.00
i
5/4/2020ScotiabankBoost Price TargetC$61.00 ➝ C$63.00
i
5/4/2020Canaccord GenuityBoost Price TargetC$66.00 ➝ C$71.00
i
4/23/2020Raymond JamesLower Price TargetOutperformC$82.00 ➝ C$66.00
i
4/21/2020CIBCLower Price TargetC$75.00 ➝ C$70.00
i
4/1/2020TD SecuritiesLower Price TargetBuyC$81.00 ➝ C$75.00
i
3/30/2020National Bank FinancialLower Price TargetOutperformC$82.00 ➝ C$76.00
i
3/24/2020ScotiabankLower Price TargetC$76.00 ➝ C$61.00
i
3/23/2020Canaccord GenuityUpgradeHold ➝ BuyC$69.00 ➝ C$66.00
i
2/13/2020Raymond JamesReiterated RatingOutperformC$82.00
i
2/13/2020TD SecuritiesBoost Price TargetBuyC$76.00 ➝ C$81.00
i
1/15/2020CIBCBoost Price TargetC$69.00 ➝ C$75.00
i
1/13/2020Canaccord GenuityBoost Price TargetC$67.00 ➝ C$69.00
i
1/7/2020National Bank FinancialBoost Price TargetOutperformC$79.00 ➝ C$82.00
i
Rating by M. Sytchev at National Bank Financial
11/6/2019Raymond JamesReiterated RatingOutperformC$75.00
i
11/6/2019National Bank FinancialBoost Price TargetOutperformC$71.00 ➝ C$79.00
i
Rating by M. Sytchev at National Bank Financial
11/6/2019TD SecuritiesBoost Price TargetBuyC$74.00 ➝ C$76.00
i
11/6/2019Royal Bank of CanadaBoost Price TargetSector PerformC$64.00 ➝ C$70.00
i
7/26/2019Raymond JamesReiterated RatingOutperformC$75.00
i
7/26/2019CIBCBoost Price TargetC$68.00 ➝ C$69.00
i
7/26/2019Canaccord GenuityBoost Price TargetHoldC$62.00 ➝ C$64.00
i
7/26/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$65.00 ➝ C$71.00
i
Rating by M. Sytchev at National Bank Financial
7/26/2019BMO Capital MarketsBoost Price TargetC$72.00 ➝ C$74.00
i
7/22/2019Royal Bank of CanadaLower Price TargetC$65.00 ➝ C$64.00
i
5/31/2019National Bank FinancialLower Price TargetSector PerformC$70.00 ➝ C$65.00
i
Rating by M. Sytchev at National Bank Financial
5/6/2019TD SecuritiesBoost Price TargetBuyC$72.00 ➝ C$74.00
i
5/6/2019CIBCLower Price TargetC$70.00 ➝ C$68.00
i
5/6/2019Raymond JamesBoost Price TargetOutperformC$71.00 ➝ C$75.00
i
5/6/2019Royal Bank of CanadaLower Price TargetSector PerformC$66.00 ➝ C$65.00
i
4/9/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformC$70.00
i
Rating by M. Sytchev at National Bank Financial
2/20/2019ScotiabankReiterated RatingNeutralC$69.00
i
2/19/2019National Bank FinancialBoost Price TargetOutperformC$60.00 ➝ C$70.00
i
2/19/2019BMO Capital MarketsBoost Price TargetOutperformC$66.00 ➝ C$72.00
i
2/19/2019Raymond JamesBoost Price TargetOutperformC$70.00 ➝ C$71.00
i
2/19/2019TD SecuritiesBoost Price TargetC$70.00 ➝ C$72.00
i
2/19/2019Royal Bank of CanadaBoost Price TargetSector PerformC$62.00 ➝ C$66.00
i
2/19/2019Canaccord GenuityBoost Price TargetC$57.00 ➝ C$62.00
i
2/19/2019CIBCBoost Price TargetHoldC$64.00 ➝ C$70.00
i
1/8/2019Canaccord GenuityDowngradeBuy ➝ HoldC$64.00 ➝ C$57.00
i
11/7/2018ScotiabankReiterated RatingNeutralC$64.00
i
11/7/2018Raymond JamesLower Price TargetOutperformC$71.00 ➝ C$70.00
i
11/7/2018National Bank FinancialLower Price TargetOutperformC$70.00 ➝ C$66.00
i
11/7/2018Canaccord GenuityLower Price TargetBuyC$70.00 ➝ C$64.00
i
11/7/2018Royal Bank of CanadaLower Price TargetSector PerformC$64.00 ➝ C$62.00
i
11/7/2018BMO Capital MarketsLower Price TargetAverageC$72.00 ➝ C$70.00
i
7/26/2018Raymond JamesBoost Price TargetOutperformC$67.00 ➝ C$71.00
i
7/26/2018CIBCBoost Price TargetC$61.00 ➝ C$64.00
i
7/26/2018Royal Bank of CanadaBoost Price TargetSector PerformC$60.00 ➝ C$65.00
i
7/26/2018National Bank FinancialBoost Price TargetOutperformC$63.00 ➝ C$68.00
i
Rating by M. Sytchev at National Bank Financial
7/26/2018TD SecuritiesBoost Price TargetBuyC$67.00 ➝ C$70.00
i
7/25/2018BMO Capital MarketsSet Price TargetOutperformC$72.00
i
4/27/2018ScotiabankLower Price TargetSector PerformC$61.00 ➝ C$60.00
i
4/27/2018CIBCLower Price TargetC$62.00 ➝ C$61.00
i
4/26/2018National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform Overweight
i
Rating by M. Sytchev at National Bank Financial
4/19/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$63.00
i
Rating by M. Sytchev at National Bank Financial
2/26/2018BMO Capital MarketsBoost Price TargetMarket PerformC$59.00 ➝ C$62.00
i
2/26/2018TD SecuritiesBoost Price TargetBuyC$65.00 ➝ C$67.00
i
2/26/2018Royal Bank of CanadaBoost Price TargetSector PerformC$58.00 ➝ C$60.00
i
2/26/2018Raymond JamesBoost Price TargetOutperformC$63.00 ➝ C$67.00
i
2/26/2018ScotiabankBoost Price TargetSector PerformC$59.00 ➝ C$61.00
i
2/26/2018CIBCBoost Price TargetC$60.00 ➝ C$62.00
i
2/5/2018Royal Bank of CanadaSet Price TargetSector PerformC$58.00
i
1/15/2018CIBCBoost Price TargetC$59.00 ➝ C$60.00
i
11/9/2017National Bank FinancialBoost Price TargetSector PerformC$60.00 ➝ C$63.00
i
Rating by M. Sytchev at National Bank Financial
11/9/2017ScotiabankBoost Price TargetSector PerformC$53.00 ➝ C$59.00
i
11/9/2017Raymond JamesBoost Price TargetOutperformC$58.50 ➝ C$63.00
i
10/23/2017National Bank FinancialReiterated RatingOutperform ➝ Sector PerformC$60.00
i
Rating by M. Sytchev at National Bank Financial
10/22/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$60.00
i
Rating by M. Sytchev at National Bank Financial
10/16/2017BMO Capital MarketsReiterated RatingMarket PerformC$58.00
i
9/20/2017TD SecuritiesUpgradeHold ➝ BuyC$48.00 ➝ C$65.00
i
9/5/2017National Bank FinancialBoost Price TargetOutperformC$55.00 ➝ C$60.00
i
Rating by M. Sytchev at National Bank Financial
8/29/2017National Bank FinancialBoost Price TargetOutperformC$52.00 ➝ C$55.00
i
Rating by M. Sytchev at National Bank Financial
8/29/2017ScotiabankBoost Price TargetSector PerformC$47.00 ➝ C$53.00
i
8/29/2017Canaccord GenuityBoost Price TargetHold ➝ BuyC$50.00 ➝ C$58.00
i
8/29/2017Raymond JamesBoost Price TargetOutperformC$55.00 ➝ C$58.50
i
7/27/2017TD SecuritiesBoost Price TargetHoldC$47.00 ➝ C$48.00
i
7/26/2017ScotiabankReiterated RatingSector PerformC$48.50
i
6/1/2017National Bank FinancialUpgradeSector Perform ➝ OutperformC$46.00 ➝ C$52.00
i
Rating by M. Sytchev at National Bank Financial
5/2/2017Canaccord GenuityBoost Price TargetHoldC$43.00 ➝ C$50.00
i
4/28/2017Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$51.00
i
4/28/2017TD SecuritiesBoost Price TargetHoldC$42.00 ➝ C$47.00
i
4/27/2017ScotiabankReiterated RatingSector PerformC$43.50
i
2/9/2017TD SecuritiesBoost Price TargetHoldC$40.00 ➝ C$42.00
i
2/8/2017CIBCBoost Price TargetC$39.00 ➝ C$44.00
i
2/7/2017ScotiabankReiterated RatingSector PerformC$40.50
i
2/7/2017Raymond JamesBoost Price TargetMarket PerformC$40.00 ➝ C$43.00
i
2/7/2017Royal Bank of CanadaReiterated RatingOutperformC$46.00
i
12/19/2016National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform
i
Rating by M. Sytchev at National Bank Financial
11/9/2016TD SecuritiesReiterated RatingHoldC$40.00
i
11/8/2016ScotiabankReiterated RatingSector PerformC$38.50
i
11/8/2016Royal Bank of CanadaReiterated RatingOutperformC$43.00
i
7/28/2016TD SecuritiesBoost Price TargetHoldC$37.00 ➝ C$40.00
i
7/28/2016ScotiabankBoost Price TargetSector PerformC$36.50 ➝ C$38.50
i
7/28/2016Raymond JamesLower Price TargetC$40.50 ➝ C$40.00
i
7/28/2016CIBCBoost Price TargetC$37.00 ➝ C$39.00
i
7/28/2016BMO Capital MarketsReiterated RatingMarket PerformC$38.50
i
7/22/2016Canaccord GenuityDowngradeBuy ➝ HoldC$41.00 ➝ C$42.00
i
7/11/2016Royal Bank of CanadaBoost Price TargetOutperformC$39.00 ➝ C$43.00
i
7/4/2016National Bank FinancialBoost Price TargetC$38.00 ➝ C$42.00
i
7/3/2016National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Overweight
i
Rating by M. Sytchev at National Bank Financial
4/28/2016TD SecuritiesBoost Price TargetHoldC$35.00 ➝ C$37.00
i
4/28/2016ScotiabankBoost Price TargetSector PerformC$32.50 ➝ C$36.50
i
4/28/2016Raymond JamesBoost Price TargetOutperform ➝ Market PerformC$32.00 ➝ C$40.50
i
4/28/2016CIBCBoost Price TargetC$34.00 ➝ C$37.00
i
4/28/2016Canaccord GenuityBoost Price TargetBuyC$37.00 ➝ C$41.00
i
4/27/2016DesjardinsUpgradeHold ➝ BuyC$34.00 ➝ C$38.00
i
Rating by B. Poirier at Desjardins
4/27/2016Royal Bank of CanadaReiterated RatingOutperformC$36.00 ➝ C$39.00
i
4/11/2016TD SecuritiesDowngradeBuy ➝ HoldC$35.00
i
2/16/2016ScotiabankLower Price TargetSector PerformC$33.00 ➝ C$32.50
i
2/11/2016TD SecuritiesUpgradeHold ➝ BuyC$36.00 ➝ C$35.00
i
2/11/2016BMO Capital MarketsLower Price TargetOutperformC$36.50 ➝ C$34.50
i
2/10/2016ScotiabankReiterated RatingSector PerformC$33.00
i
2/10/2016Royal Bank of CanadaReiterated RatingOutperformC$39.00 ➝ C$36.00
i
2/10/2016Raymond JamesLower Price TargetOutperformC$37.50 ➝ C$32.00
i
1/19/2016Royal Bank of CanadaReiterated RatingOutperformC$39.00
i
1/14/2016Canaccord GenuityLower Price TargetBuy ➝ HoldC$37.00 ➝ C$33.00
i
1/12/2016DesjardinsLower Price TargetC$36.00 ➝ C$35.00
i
(Data available from 12/4/2015 forward)
Toromont Industries Ltd. (TIH.TO) logo
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment is involved in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets, as well as natural gas compression units, and hydrocarbon and petrochemical process systems. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.
Read More

Today's Range

Now: C$90.71
C$89.28
C$91.45

50 Day Range

MA: C$86.71
C$82.69
C$91.21

52 Week Range

Now: C$90.71
C$52.36
C$93.39

Volume

236,917 shs

Average Volume

210,758 shs

Market Capitalization

C$7.47 billion

P/E Ratio

29.19

Dividend Yield

1.39%

Beta

N/A