Westshore Terminals Gets a Hold Rating from RBC Capital

By Carrie Williams

Wall Street analyst has provided a rating update for the Services sector company yesterday, while remaining neutral on the stock. Analyst Deane Dray from RBC Capital rated Westshore Terminals (TSX: WTE) a Hold, setting a C$24 price target.

According to TipRanks.com, Dray is a 4-star analyst with an average return of 5.7% and a 61.9% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Emerson Electric Company, and United Technologies Corp.

Westshore Terminals has an analyst consensus of Hold, with a price target consensus of C$25.

The company has a one year high of C$29.05 and a one year low of C$16.98. Currently, Westshore Terminals has an average volume of 172.5K.

Westshore Terminals Investment Corp. operates as a holding company, which through its subsidiaries is engaged in the coal storage and loading terminal business. The company was founded on September 28, 2010 and is headquartered in Vancouver, Canada.

The company’s shares closed last Tuesday at $21.83.