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Toromont Industries - TIH Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$172.88
  • Forecasted Upside: 5.75%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
C$163.47 As of 12/4/2025 05:00 PM ET
▲ +2.02 (1.25%)

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

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Analyst Price Target for TIH

Analyst Price Target is C$172.88
▲ +5.75% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Toromont Industries in the last 3 months. The average price target is C$172.88, with a high forecast of C$180.00 and a low forecast of C$150.00. The average price target represents a 5.75% upside from the last price of C$163.47.

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

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Current Consensus is Moderate Buy

The current consensus among 9 investment analysts is to moderate buy stock in Toromont Industries. This rating has held steady since December 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2025
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2025
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2025
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2025
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2025

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/3/2025CIBCBoost TargetNeutralC$168.00 ➝ C$172.00
11/3/2025TD SecuritiesBoost TargetBuyC$179.00 ➝ C$180.00
11/3/2025ScotiabankBoost TargetSector PerformC$171.00 ➝ C$175.00
11/3/2025Royal Bank Of CanadaBoost TargetOutperformC$151.00 ➝ C$180.00
11/3/2025Raymond James FinancialBoost TargetMarket PerformC$125.00 ➝ C$150.00
11/3/2025National BanksharesBoost TargetOutperformC$164.00 ➝ C$176.00
11/3/2025Canaccord Genuity GroupBoost TargetBuyC$160.00 ➝ C$172.00
10/31/2025BMO Capital MarketsBoost TargetC$178.00
10/28/2025Canaccord Genuity GroupDowngradeStrong-Buy ➝ Hold
10/20/2025CIBCBoost TargetNeutralC$148.00 ➝ C$168.00
10/17/2025ScotiabankBoost TargetC$140.00 ➝ C$171.00
10/17/2025TD SecuritiesBoost TargetC$154.00 ➝ C$179.00
9/24/2025National BanksharesBoost TargetOutperformC$140.00 ➝ C$164.00
7/31/2025Raymond James FinancialBoost TargetMarket PerformC$122.00 ➝ C$125.00
7/31/2025CIBCBoost TargetNeutralC$129.00 ➝ C$148.00
7/31/2025ScotiabankBoost TargetSector PerformC$132.00 ➝ C$140.00
7/31/2025National BanksharesBoost TargetOutperformC$130.00 ➝ C$140.00
7/31/2025TD SecuritiesBoost TargetBuyC$153.00 ➝ C$154.00
7/30/2025BMO Capital MarketsBoost TargetC$140.00 ➝ C$147.00
7/22/2025BMO Capital MarketsBoost TargetC$128.00 ➝ C$140.00
7/18/2025CIBCBoost TargetC$120.00 ➝ C$129.00
5/5/2025TD SecuritiesLower TargetBuyC$143.00 ➝ C$136.00
5/2/2025ScotiabankLower TargetSector PerformC$133.50 ➝ C$128.00
5/2/2025Canaccord Genuity GroupLower TargetBuyC$134.00 ➝ C$131.00
5/2/2025Raymond James FinancialLower TargetMarket PerformC$130.00 ➝ C$122.00
5/2/2025BMO Capital MarketsLower TargetOutperformC$130.00 ➝ C$128.00
5/2/2025CIBCLower TargetNeutralC$130.00 ➝ C$120.00
4/24/2025TD SecuritiesLower TargetBuyC$150.00 ➝ C$143.00
4/17/2025CIBCLower TargetC$131.00 ➝ C$130.00
2/13/2025National BanksharesBoost TargetOutperformC$126.00 ➝ C$133.00
2/13/2025Royal Bank Of CanadaBoost TargetOutperformC$138.00 ➝ C$139.00
2/13/2025ScotiabankBoost TargetSector PerformC$132.00 ➝ C$133.50
2/13/2025Canaccord Genuity GroupBoost TargetBuyC$130.00 ➝ C$134.00
2/13/2025Raymond James FinancialBoost TargetMarket PerformC$122.00 ➝ C$130.00
2/13/2025CIBCBoost TargetNeutralC$129.00 ➝ C$131.00
2/12/2025BMO Capital MarketsBoost TargetC$134.00 ➝ C$138.00
2/3/2025CIBCBoost TargetC$128.00 ➝ C$129.00
12/15/2024National Bank FinancialUpgradeHold ➝ Strong-Buy
12/12/2024CIBCBoost TargetNeutralC$127.00 ➝ C$128.00
11/6/2024BMO Capital MarketsLower TargetC$143.00 ➝ C$140.00
11/6/2024Raymond James FinancialLower TargetC$132.00 ➝ C$122.00
11/6/2024Royal Bank Of CanadaLower TargetC$142.00 ➝ C$138.00
11/6/2024ScotiabankLower TargetC$136.00 ➝ C$132.00
11/5/2024National BanksharesLower TargetC$135.00 ➝ C$132.00
10/22/2024National BanksharesDowngradeOutperform ➝ Sector Perform
10/21/2024National Bank FinancialDowngradeStrong-Buy ➝ Hold
10/18/2024BMO Capital MarketsBoost TargetC$136.00 ➝ C$143.00
8/21/2024ScotiabankSet TargetSector PerformC$136.00
8/1/2024National BanksharesBoost TargetOutperformC$132.00 ➝ C$135.00
8/1/2024TD SecuritiesBoost TargetBuyC$140.00 ➝ C$150.00
8/1/2024Royal Bank Of CanadaBoost TargetOutperformC$137.00 ➝ C$142.00
7/24/2024BMO Capital MarketsBoost TargetC$133.00 ➝ C$136.00
5/6/2024BMO Capital MarketsBoost TargetC$130.00 ➝ C$133.00
5/3/2024ScotiabankLower TargetSector PerformC$133.00 ➝ C$125.00
5/3/2024CIBCLower TargetNeutralC$130.00 ➝ C$128.00
5/3/2024Raymond James FinancialLower TargetMarket PerformC$135.00 ➝ C$132.00
5/3/2024Royal Bank Of CanadaLower TargetOutperformC$140.00 ➝ C$137.00
5/3/2024National BanksharesLower TargetOutperformC$137.00 ➝ C$132.00
5/3/2024TD SecuritiesLower TargetBuyC$145.00 ➝ C$140.00
2/15/2024CIBCBoost TargetNeutralC$123.00 ➝ C$130.00
2/15/2024National BanksharesSet TargetOutperformC$137.00
2/15/2024ScotiabankBoost TargetSector PerformC$125.00 ➝ C$133.00
2/15/2024TD SecuritiesBoost TargetBuyC$130.00 ➝ C$140.00
2/15/2024Royal Bank Of CanadaBoost TargetOutperformC$125.00 ➝ C$140.00
2/15/2024Canaccord Genuity GroupBoost TargetBuyC$123.00 ➝ C$138.00
2/15/2024Raymond James FinancialBoost TargetOutperformC$125.00 ➝ C$135.00
2/14/2024BMO Capital MarketsBoost TargetOutperformC$124.00 ➝ C$130.00
1/23/2024ScotiabankDowngradeOutperform ➝ Sector PerformC$124.00 ➝ C$125.00
1/12/2024CIBCBoost TargetNeutralC$116.00 ➝ C$123.00
12/11/2023BMO Capital MarketsBoost TargetC$116.00 ➝ C$124.00
11/2/2023Raymond James FinancialLower TargetOutperformC$130.00 ➝ C$125.00
11/1/2023Royal Bank Of CanadaLower TargetOutperformC$131.00 ➝ C$125.00
11/1/2023Canaccord Genuity GroupLower TargetBuyC$127.00 ➝ C$123.00
11/1/2023BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$120.00 ➝ C$116.00
11/1/2023ScotiabankLower TargetOutperformC$126.00 ➝ C$124.00
10/31/2023National BanksharesBoost TargetOutperformC$128.00 ➝ C$129.00
7/31/2023Royal Bank Of CanadaLower TargetOutperformC$133.00 ➝ C$131.00
7/28/2023Raymond James FinancialBoost TargetOutperformC$125.00 ➝ C$130.00
5/1/2023BMO Capital MarketsBoost TargetC$118.00 ➝ C$124.00
5/1/2023CIBCBoost TargetC$113.00 ➝ C$115.00
5/1/2023ScotiabankBoost TargetC$122.00 ➝ C$125.00
5/1/2023Royal Bank Of CanadaBoost TargetOutperformC$131.00 ➝ C$133.00
5/1/2023TD SecuritiesBoost TargetBuyC$125.00 ➝ C$130.00
5/1/2023National BanksharesBoost TargetOutperformC$124.00 ➝ C$126.00
4/19/2023ScotiabankLower TargetC$125.00 ➝ C$122.00
2/16/2023BMO Capital MarketsBoost TargetC$112.00 ➝ C$118.00
2/16/2023CIBCBoost TargetNeutralC$111.00 ➝ C$113.00
2/16/2023ScotiabankBoost TargetC$121.00 ➝ C$125.00
2/16/2023National BanksharesBoost TargetOutperformC$110.00 ➝ C$124.00
2/16/2023Royal Bank Of CanadaBoost TargetOutperformC$123.00 ➝ C$131.00
2/15/2023Raymond James FinancialBoost TargetOutperformC$120.00 ➝ C$125.00
1/11/2023National BanksharesUpgradeBuyC$110.00
1/10/2023National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
11/9/2022BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$120.00 ➝ C$112.00
11/3/2022Royal Bank Of CanadaBoost TargetOutperformC$122.00 ➝ C$123.00
11/3/2022CIBCBoost TargetNeutralC$107.00 ➝ C$111.00
11/3/2022ScotiabankBoost TargetC$114.00 ➝ C$116.00
10/20/2022ScotiabankLower TargetC$120.00 ➝ C$114.00
7/28/2022Royal Bank Of CanadaLower TargetOutperformC$129.00 ➝ C$122.00
7/28/2022BMO Capital MarketsLower TargetC$130.00 ➝ C$120.00
7/25/2022ScotiabankLower TargetC$126.00 ➝ C$120.00
7/13/2022CIBCLower TargetC$125.00 ➝ C$107.00
7/12/2022National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform Overweight
7/12/2022National BanksharesDowngradeOutperform ➝ HoldC$127.00 ➝ C$109.00
4/29/2022TD SecuritiesBoost TargetHoldC$125.00 ➝ C$130.00
4/29/2022Royal Bank Of CanadaBoost TargetOutperformC$126.00 ➝ C$129.00
4/29/2022BMO Capital MarketsBoost TargetC$126.00 ➝ C$130.00
4/29/2022CIBCBoost TargetNeutralC$123.00 ➝ C$125.00
4/29/2022ScotiabankBoost TargetC$125.00 ➝ C$126.00
4/25/2022Raymond James FinancialBoost TargetOutperformC$120.00 ➝ C$127.00
4/22/2022ScotiabankBoost TargetC$122.00 ➝ C$125.00
4/21/2022CIBCBoost TargetC$118.00 ➝ C$123.00
2/14/2022TD SecuritiesBoost TargetHoldC$120.00 ➝ C$125.00
2/11/2022Royal Bank Of CanadaBoost TargetOutperformC$123.00 ➝ C$126.00
2/11/2022Canaccord Genuity GroupBoost TargetC$120.00 ➝ C$123.00
2/11/2022ScotiabankBoost TargetC$120.00 ➝ C$122.00
2/10/2022Raymond James FinancialReiterated RatingOutperformC$120.00
2/10/2022BMO Capital MarketsBoost TargetC$124.00 ➝ C$126.00
1/31/2022ScotiabankLower TargetC$122.50 ➝ C$120.00
1/13/2022CIBCBoost TargetC$113.00 ➝ C$118.00
1/5/2022National Bank FinancialBoost TargetOutperformC$126.00
1/5/2022National BanksharesBoost TargetC$125.00 ➝ C$126.00
11/9/2021ATB CapitalReiterated RatingOutperform
11/8/2021BMO Capital MarketsBoost TargetC$118.00 ➝ C$124.00
11/8/2021CIBCBoost TargetNeutralC$109.00 ➝ C$113.00
11/8/2021ScotiabankBoost TargetC$120.00 ➝ C$122.50
11/8/2021Royal Bank Of CanadaBoost TargetOutperformC$119.00 ➝ C$121.00
11/8/2021TD SecuritiesBoost TargetHoldC$115.00 ➝ C$120.00
11/5/2021Raymond James FinancialBoost TargetOutperformC$115.00 ➝ C$120.00
7/30/2021TD SecuritiesBoost TargetHoldC$110.00 ➝ C$115.00
7/30/2021CIBCBoost TargetC$106.00 ➝ C$109.00
7/30/2021Royal Bank Of CanadaBoost TargetOutperformC$117.00 ➝ C$118.00
7/30/2021Raymond James FinancialBoost TargetOutperformC$110.00 ➝ C$115.00
6/10/2021National BanksharesBoost TargetOutperformC$108.00 ➝ C$125.00
6/10/2021National Bank FinancialBoost TargetOutperformC$125.00
5/25/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$105.00 ➝ C$114.00
5/6/2021National Bank FinancialBoost TargetOutperformC$108.00
5/6/2021CIBCBoost TargetNeutralC$100.00 ➝ C$106.00
5/6/2021ScotiabankBoost TargetC$115.00 ➝ C$118.00
5/6/2021TD SecuritiesBoost TargetHoldC$98.00 ➝ C$110.00
5/6/2021National BanksharesBoost TargetOutperformC$107.00 ➝ C$108.00
5/5/2021Raymond James FinancialBoost TargetOutperformC$99.00 ➝ C$110.00
5/5/2021BMO Capital MarketsBoost TargetMarket PerformC$96.00 ➝ C$105.00
5/5/2021Royal Bank Of CanadaReiterated RatingOutperformC$105.00
4/13/2021CIBCBoost TargetNeutralC$95.00 ➝ C$100.00
4/6/2021ScotiabankUpgradeSector Perform ➝ OutperformC$100.00 ➝ C$115.00
2/17/2021TD SecuritiesBoost TargetHoldC$96.00
2/12/2021Raymond James FinancialBoost TargetOutperformC$91.50 ➝ C$99.00
2/12/2021ScotiabankBoost TargetC$92.00 ➝ C$100.00
2/12/2021CIBCBoost TargetC$92.00 ➝ C$95.00
2/12/2021BMO Capital MarketsBoost TargetMarket PerformC$95.00 ➝ C$96.00
1/14/2021CIBCBoost TargetC$90.00 ➝ C$92.00
1/12/2021Royal Bank Of CanadaReiterated RatingOutperformC$101.00
1/6/2021BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$96.00 ➝ C$95.00
(Data available from 12/4/2020 forward)

News Sentiment Rating

0.69 (Buy)

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
  • 5 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2025
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2025
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2025
  • 9 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2025
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2025
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2025
  • 4 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2025
  • 6 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2025

Current Sentiment

  • 6 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.

Positive

Very Positive

Toromont Industries logo
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates primarily in Canada and derives a smaller portion of sales from the United States of America.
Read More

Today's Range

Now: C$163.47
Low: C$160.46
High: C$163.80

50 Day Range

MA: C$160.13
Low: C$154.32
High: C$168.51

52 Week Range

Now: C$163.47
Low: C$107.32
High: C$168.56

Volume

237,654 shs

Average Volume

153,813 shs

Market Capitalization

C$13.30 billion

P/E Ratio

27.02

Dividend Yield

1.27%

Beta

0.581667

Frequently Asked Questions

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

The following Wall Street research analysts have issued stock ratings on Toromont Industries in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bank Financial, National Bankshares, Inc., Raymond James Financial, Inc., Royal Bank Of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TIH.

What is the current price target for Toromont Industries?

0 Wall Street analysts have set twelve-month price targets for Toromont Industries in the last year. Their average twelve-month price target is C$172.88, suggesting a possible upside of 5.8%. Royal Bank Of Canada has the highest price target set, predicting TIH will reach C$180.00 in the next twelve months. Raymond James Financial, Inc. has the lowest price target set, forecasting a price of C$150.00 for Toromont Industries in the next year.
View the latest price targets for TIH.

What is the current consensus analyst rating for Toromont Industries?

Toromont Industries currently has 3 hold ratings, 5 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TIH.

What other companies compete with Toromont Industries?

Other companies that are similar to Toromont Industries include Finning International, Russel Metals, Doman Building Materials Group, ADENTRA and Wajax. Learn More about companies similar to Toromont Industries.

How do I contact Toromont Industries' investor relations team?

Toromont Industries' physical mailing address is 3131 Highway 7 West, Stn Main PO Box 5511, CONCORD, ON L4K 5B7, Canada. The company's listed phone number is +1-416-6675511. The official website for Toromont Industries is www.toromont.com. Learn More about contacing Toromont Industries investor relations.