OTCMKTS:TMTNF - Toromont Industries Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $120.69
  • Forecasted Upside: 40.58 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$85.85
▼ -1.21 (-1.39%)

This chart shows the closing price for TMTNF by one month, three months, or twelve months.

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Analyst Price Target for TMTNF

Analyst Price Target is $120.69
▲ +40.58% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Toromont Industries in the last 3 months. The average price target is $120.69, with a high forecast of $125.00 and a low forecast of $113.00. The average price target represents a 40.58% upside from the last price of $85.85.

This chart shows the closing price for TMTNF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 contributing investment analysts is to buy stock in Toromont Industries.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/8/2021Canaccord GenuityBoost Price TargetBuyC$115.00 ➝ C$120.00
11/8/2021BMO Capital MarketsBoost Price TargetOutperformC$118.00 ➝ C$124.00
11/8/2021CIBCBoost Price TargetNeutralC$109.00 ➝ C$113.00
11/8/2021Royal Bank of CanadaBoost Price TargetOutperformC$119.00 ➝ C$121.00
11/8/2021ScotiabankBoost Price TargetOutperformC$120.00 ➝ C$122.50
11/8/2021TD SecuritiesBoost Price TargetHoldC$115.00 ➝ C$120.00
11/5/2021Raymond JamesBoost Price TargetOutperformC$115.00 ➝ C$120.00
7/30/2021Royal Bank of CanadaBoost Price TargetOutperformC$117.00 ➝ C$118.00
7/30/2021BMO Capital MarketsBoost Price TargetOutperformC$114.00 ➝ C$118.00
7/30/2021TD SecuritiesBoost Price TargetHoldC$110.00 ➝ C$115.00
7/29/2021Raymond JamesBoost Price TargetOutperformC$110.00 ➝ C$115.00
7/29/2021Canaccord GenuityBoost Price TargetBuyC$111.00 ➝ C$115.00
6/10/2021Maxim GroupBoost Price TargetOutperformC$108.00 ➝ C$125.00
5/24/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
5/6/2021CIBCBoost Price TargetNeutral$100.00 ➝ $106.00
5/6/2021Maxim GroupBoost Price TargetOutperform$107.00 ➝ $108.00
5/6/2021Royal Bank of CanadaBoost Price TargetOutperform$105.00 ➝ $117.00
5/6/2021ScotiabankBoost Price TargetOutperform$115.00 ➝ $118.00
5/6/2021TD SecuritiesBoost Price TargetHold$98.00 ➝ $110.00
5/5/2021Canaccord GenuityBoost Price TargetBuy$107.00 ➝ $111.00
5/5/2021BMO Capital MarketsBoost Price TargetMarket Perform$96.00 ➝ $105.00
5/5/2021Raymond JamesBoost Price TargetOutperform$99.00 ➝ $110.00
4/13/2021CIBCBoost Price TargetNeutral$95.00 ➝ $100.00
4/5/2021ScotiabankUpgradeSector Perform ➝ Outperform$100.00 ➝ $115.00
2/16/2021TD SecuritiesBoost Price TargetHold$95.00 ➝ $98.00
2/12/2021CIBCBoost Price TargetNeutral$92.00 ➝ $95.00
2/12/2021BMO Capital MarketsBoost Price TargetMarket Perform$95.00 ➝ $96.00
2/12/2021Canaccord GenuityBoost Price TargetBuy$96.00 ➝ $99.00
2/12/2021ScotiabankBoost Price TargetSector Perform$92.00 ➝ $100.00
1/14/2021CIBCBoost Price TargetNeutral$90.00 ➝ $92.00
1/12/2021Royal Bank of CanadaInitiated CoverageOutperform
1/5/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform
11/10/2020CIBCBoost Price TargetNeutral$73.00 ➝ $90.00
11/9/2020BMO Capital MarketsBoost Price TargetOutperform$80.00 ➝ $96.00
11/9/2020Raymond JamesBoost Price TargetOutperform$75.00 ➝ $91.50
11/9/2020ScotiabankBoost Price TargetSector Perform$85.00 ➝ $92.00
11/9/2020TD SecuritiesBoost Price TargetHold$78.00 ➝ $95.00
10/22/2020ScotiabankBoost Price TargetSector Perform$73.00 ➝ $85.00
10/15/2020Maxim GroupBoost Price TargetOutperform$76.00 ➝ $88.50
9/24/2020Canaccord GenuityBoost Price TargetBuy$77.00 ➝ $82.00
7/30/2020CIBCBoost Price TargetNeutral$70.00 ➝ $73.00
7/30/2020BMO Capital MarketsBoost Price TargetOutperform$72.00 ➝ $80.00
7/30/2020ScotiabankBoost Price TargetSector Perform$72.00 ➝ $73.00
7/30/2020TD SecuritiesBoost Price TargetHold$73.00 ➝ $78.00
7/23/2020Canaccord GenuityBoost Price TargetBuy$71.00 ➝ $77.00
7/23/2020ScotiabankBoost Price TargetSector Perform$63.00 ➝ $72.00
6/23/2020TD SecuritiesDowngradeBuy ➝ Hold$73.00
5/4/2020Canaccord GenuityBoost Price TargetBuy$66.00 ➝ $71.00
(Data available from 11/27/2016 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/29/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2021
  • 1 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/27/2021

Current Sentiment

  • 1 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Toromont Industries logo
Toromont Industries Ltd. engages in the distribution of construction equipment, power systems, and refrigeration systems. It operates through the Equipment Group and CIMCO segments. The Equipment Group segment comprises of Toromont CAT, Battlefield, Sitech, and AgWest. The CIMCO segment relates in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. The company was founded on January 31, 1961 and is headquartered in Concord, Canada.
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Today's Range

Now: $85.85
Low: $85.64
High: $85.87

50 Day Range

MA: $87.21
Low: $80.16
High: $90.40

52 Week Range

Now: $85.85
Low: $67.90
High: $91.40

Volume

631 shs

Average Volume

1,238 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Toromont Industries?

The following sell-side analysts have issued research reports on Toromont Industries in the last year: BMO Capital Markets, Canaccord Genuity, CIBC, Maxim Group, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TMTNF.

What is the current price target for Toromont Industries?

8 Wall Street analysts have set twelve-month price targets for Toromont Industries in the last year. Their average twelve-month price target is $120.69, suggesting a possible upside of 40.6%. Maxim Group has the highest price target set, predicting TMTNF will reach $125.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of $113.00 for Toromont Industries in the next year.
View the latest price targets for TMTNF.

What is the current consensus analyst rating for Toromont Industries?

Toromont Industries currently has 2 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TMTNF will outperform the market and that investors should add to their positions of Toromont Industries.
View the latest ratings for TMTNF.

What other companies compete with Toromont Industries?

Other companies that are similar to Toromont Industries include ABC-Mart,Inc., Bossard, Cervus Equipment, Electrolux Professional AB (publ), Eurocash, Hardwoods Distribution, Rexel and Uni-Select.

How do I contact Toromont Industries' investor relations team?

Toromont Industries' physical mailing address is 3131 Highway 7 West, Concord, ON L4K. The company's listed phone number is (416) 667-5511. The official website for Toromont Industries is www.toromont.com.