TSE:TIH - Toromont Industries Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$112.44
  • Forecasted Upside: 5.13 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
C$106.96
+0.30 (1.20%)

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$112.44
▲ +5.13% 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$112.44, with a high forecast of C$125.00 and a low forecast of C$99.00. The average price target represents a 5.13% upside from the last price of C$106.96.

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 Buy

The current consensus among 9 contributing investment analysts is to buy stock in Toromont Industries. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/26/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/10/2021National BanksharesBoost Price TargetOutperformC$108.00 ➝ C$125.00
6/10/2021National Bank FinancialBoost Price TargetOutperformC$125.00
5/25/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$105.00 ➝ C$114.00
5/6/2021National Bank FinancialBoost Price TargetOutperformC$108.00
5/6/2021CIBCBoost Price TargetNeutralC$100.00 ➝ C$106.00
5/6/2021ScotiabankBoost Price TargetC$115.00 ➝ C$118.00
5/6/2021TD SecuritiesBoost Price TargetHoldC$98.00 ➝ C$110.00
5/6/2021National BanksharesBoost Price TargetOutperformC$107.00 ➝ C$108.00
5/5/2021Raymond JamesBoost Price TargetOutperformC$99.00 ➝ C$110.00
5/5/2021BMO Capital MarketsBoost Price TargetMarket PerformC$96.00 ➝ C$105.00
5/5/2021Royal Bank of CanadaReiterated RatingOutperformC$105.00
4/13/2021CIBCBoost Price TargetNeutralC$95.00 ➝ C$100.00
4/6/2021ScotiabankUpgradeSector Perform ➝ OutperformC$100.00 ➝ C$115.00
2/17/2021TD SecuritiesBoost Price TargetHoldC$96.00
2/12/2021Raymond JamesBoost Price TargetOutperformC$91.50 ➝ C$99.00
2/12/2021ScotiabankBoost Price TargetC$92.00 ➝ C$100.00
2/12/2021CIBCBoost Price TargetC$92.00 ➝ C$95.00
2/12/2021BMO Capital MarketsBoost Price TargetMarket PerformC$95.00 ➝ C$96.00
2/12/2021Canaccord GenuityBoost Price TargetOutperformC$96.00 ➝ C$99.00
1/14/2021CIBCBoost Price 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
11/10/2020CIBCBoost Price TargetC$73.00 ➝ C$90.00
11/9/2020TD SecuritiesBoost Price TargetHoldC$78.00 ➝ C$95.00
11/9/2020Raymond JamesBoost Price TargetOutperformC$75.00 ➝ C$91.50
11/9/2020National Bank FinancialBoost Price TargetOutperformC$88.50 ➝ C$98.00
11/9/2020BMO Capital MarketsBoost Price TargetC$80.00 ➝ C$96.00
11/9/2020Canaccord GenuityBoost Price TargetC$82.00 ➝ C$96.00
10/22/2020ScotiabankBoost Price TargetC$73.00 ➝ C$85.00
10/21/2020National Bank FinancialBoost Price TargetOutperformC$76.00 ➝ C$88.50
10/15/2020National Bank FinancialBoost Price TargetOutperformC$76.00 ➝ C$88.50
9/24/2020Canaccord GenuityBoost Price TargetC$77.00 ➝ C$82.00
7/30/2020Raymond JamesBoost Price TargetOutperformC$66.00 ➝ C$75.00
7/30/2020BMO Capital MarketsBoost Price TargetC$72.00 ➝ C$80.00
7/30/2020TD SecuritiesBoost Price TargetHoldC$73.00 ➝ C$78.00
7/23/2020ScotiabankBoost Price TargetC$63.00 ➝ C$72.00
7/23/2020Canaccord GenuityBoost Price TargetC$71.00 ➝ C$77.00
6/23/2020TD SecuritiesDowngradeBuy ➝ HoldC$73.00
5/4/2020TD SecuritiesLower Price TargetBuyC$75.00 ➝ C$73.00
5/4/2020Raymond JamesSet Price TargetOutperformC$66.00
5/4/2020ScotiabankBoost Price TargetC$61.00 ➝ C$63.00
5/4/2020Canaccord GenuityBoost Price TargetC$66.00 ➝ C$71.00
4/23/2020Raymond JamesLower Price TargetOutperformC$82.00 ➝ C$66.00
4/21/2020CIBCLower Price TargetC$75.00 ➝ C$70.00
4/1/2020TD SecuritiesLower Price TargetBuyC$81.00 ➝ C$75.00
3/30/2020National Bank FinancialLower Price TargetOutperformC$82.00 ➝ C$76.00
3/24/2020ScotiabankLower Price TargetC$76.00 ➝ C$61.00
3/23/2020Canaccord GenuityUpgradeHold ➝ BuyC$69.00 ➝ C$66.00
2/13/2020Raymond JamesReiterated RatingOutperformC$82.00
2/13/2020TD SecuritiesBoost Price TargetBuyC$76.00 ➝ C$81.00
1/15/2020CIBCBoost Price TargetC$69.00 ➝ C$75.00
1/13/2020Canaccord GenuityBoost Price TargetC$67.00 ➝ C$69.00
1/7/2020National Bank FinancialBoost Price TargetOutperformC$79.00 ➝ C$82.00
11/6/2019Raymond JamesReiterated RatingOutperformC$75.00
11/6/2019National Bank FinancialBoost Price TargetOutperformC$71.00 ➝ C$79.00
11/6/2019TD SecuritiesBoost Price TargetBuyC$74.00 ➝ C$76.00
11/6/2019Royal Bank of CanadaBoost Price TargetSector PerformC$64.00 ➝ C$70.00
7/26/2019Raymond JamesReiterated RatingOutperformC$75.00
7/26/2019CIBCBoost Price TargetC$68.00 ➝ C$69.00
7/26/2019Canaccord GenuityBoost Price TargetHoldC$62.00 ➝ C$64.00
7/26/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$65.00 ➝ C$71.00
7/26/2019BMO Capital MarketsBoost Price TargetC$72.00 ➝ C$74.00
7/22/2019Royal Bank of CanadaLower Price TargetC$65.00 ➝ C$64.00
5/31/2019National Bank FinancialLower Price TargetSector PerformC$70.00 ➝ C$65.00
5/6/2019TD SecuritiesBoost Price TargetBuyC$72.00 ➝ C$74.00
5/6/2019CIBCLower Price TargetC$70.00 ➝ C$68.00
5/6/2019Raymond JamesBoost Price TargetOutperformC$71.00 ➝ C$75.00
5/6/2019Royal Bank of CanadaLower Price TargetSector PerformC$66.00 ➝ C$65.00
4/9/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformC$70.00
2/20/2019ScotiabankReiterated RatingNeutralC$69.00
2/19/2019National Bank FinancialBoost Price TargetOutperformC$60.00 ➝ C$70.00
2/19/2019BMO Capital MarketsBoost Price TargetOutperformC$66.00 ➝ C$72.00
2/19/2019Raymond JamesBoost Price TargetOutperformC$70.00 ➝ C$71.00
2/19/2019TD SecuritiesBoost Price TargetC$70.00 ➝ C$72.00
2/19/2019Royal Bank of CanadaBoost Price TargetSector PerformC$62.00 ➝ C$66.00
2/19/2019Canaccord GenuityBoost Price TargetC$57.00 ➝ C$62.00
2/19/2019CIBCBoost Price TargetHoldC$64.00 ➝ C$70.00
1/8/2019Canaccord GenuityDowngradeBuy ➝ HoldC$64.00 ➝ C$57.00
11/7/2018ScotiabankReiterated RatingNeutralC$64.00
11/7/2018Raymond JamesLower Price TargetOutperformC$71.00 ➝ C$70.00
11/7/2018National Bank FinancialLower Price TargetOutperformC$70.00 ➝ C$66.00
11/7/2018Canaccord GenuityLower Price TargetBuyC$70.00 ➝ C$64.00
11/7/2018Royal Bank of CanadaLower Price TargetSector PerformC$64.00 ➝ C$62.00
11/7/2018BMO Capital MarketsLower Price TargetAverageC$72.00 ➝ C$70.00
7/26/2018Raymond JamesBoost Price TargetOutperformC$67.00 ➝ C$71.00
7/26/2018CIBCBoost Price TargetC$61.00 ➝ C$64.00
7/26/2018Royal Bank of CanadaBoost Price TargetSector PerformC$60.00 ➝ C$65.00
7/26/2018National Bank FinancialBoost Price TargetOutperformC$63.00 ➝ C$68.00
7/26/2018TD SecuritiesBoost Price TargetBuyC$67.00 ➝ C$70.00
7/25/2018BMO Capital MarketsSet Price TargetOutperformC$72.00
4/27/2018ScotiabankLower Price TargetSector PerformC$61.00 ➝ C$60.00
4/27/2018CIBCLower Price TargetC$62.00 ➝ C$61.00
4/26/2018National Bank FinancialUpgradeSector Perform Overweight ➝ Outperform Overweight
4/19/2018National Bank FinancialUpgradeSector Perform ➝ OutperformC$63.00
2/26/2018BMO Capital MarketsBoost Price TargetMarket PerformC$59.00 ➝ C$62.00
2/26/2018TD SecuritiesBoost Price TargetBuyC$65.00 ➝ C$67.00
2/26/2018Royal Bank of CanadaBoost Price TargetSector PerformC$58.00 ➝ C$60.00
2/26/2018Raymond JamesBoost Price TargetOutperformC$63.00 ➝ C$67.00
2/26/2018ScotiabankBoost Price TargetSector PerformC$59.00 ➝ C$61.00
2/26/2018CIBCBoost Price TargetC$60.00 ➝ C$62.00
2/5/2018Royal Bank of CanadaSet Price TargetSector PerformC$58.00
1/15/2018CIBCBoost Price TargetC$59.00 ➝ C$60.00
11/9/2017National Bank FinancialBoost Price TargetSector PerformC$60.00 ➝ C$63.00
11/9/2017ScotiabankBoost Price TargetSector PerformC$53.00 ➝ C$59.00
11/9/2017Raymond JamesBoost Price TargetOutperformC$58.50 ➝ C$63.00
10/23/2017National Bank FinancialReiterated RatingOutperform ➝ Sector PerformC$60.00
10/22/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$60.00
10/16/2017BMO Capital MarketsReiterated RatingMarket PerformC$58.00
9/20/2017TD SecuritiesUpgradeHold ➝ BuyC$48.00 ➝ C$65.00
9/5/2017National Bank FinancialBoost Price TargetOutperformC$55.00 ➝ C$60.00
8/29/2017National Bank FinancialBoost Price TargetOutperformC$52.00 ➝ C$55.00
8/29/2017ScotiabankBoost Price TargetSector PerformC$47.00 ➝ C$53.00
8/29/2017Canaccord GenuityBoost Price TargetHold ➝ BuyC$50.00 ➝ C$58.00
8/29/2017Raymond JamesBoost Price TargetOutperformC$55.00 ➝ C$58.50
7/27/2017TD SecuritiesBoost Price TargetHoldC$47.00 ➝ C$48.00
7/26/2017ScotiabankReiterated RatingSector PerformC$48.50
6/1/2017National Bank FinancialUpgradeSector Perform ➝ OutperformC$46.00 ➝ C$52.00
5/2/2017Canaccord GenuityBoost Price TargetHoldC$43.00 ➝ C$50.00
4/28/2017Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$51.00
4/28/2017TD SecuritiesBoost Price TargetHoldC$42.00 ➝ C$47.00
4/27/2017ScotiabankReiterated RatingSector PerformC$43.50
2/9/2017TD SecuritiesBoost Price TargetHoldC$40.00 ➝ C$42.00
2/8/2017CIBCBoost Price TargetC$39.00 ➝ C$44.00
2/7/2017ScotiabankReiterated RatingSector PerformC$40.50
2/7/2017Raymond JamesBoost Price TargetMarket PerformC$40.00 ➝ C$43.00
2/7/2017Royal Bank of CanadaReiterated RatingOutperformC$46.00
12/19/2016National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform
11/9/2016TD SecuritiesReiterated RatingHoldC$40.00
11/8/2016ScotiabankReiterated RatingSector PerformC$38.50
11/8/2016Royal Bank of CanadaReiterated RatingOutperformC$43.00
7/28/2016TD SecuritiesBoost Price TargetHoldC$37.00 ➝ C$40.00
7/28/2016ScotiabankBoost Price TargetSector PerformC$36.50 ➝ C$38.50
7/28/2016Raymond JamesLower Price TargetC$40.50 ➝ C$40.00
7/28/2016CIBCBoost Price TargetC$37.00 ➝ C$39.00
7/28/2016BMO Capital MarketsReiterated RatingMarket PerformC$38.50
7/22/2016Canaccord GenuityDowngradeBuy ➝ HoldC$41.00 ➝ C$42.00
7/11/2016Royal Bank of CanadaBoost Price TargetOutperformC$39.00 ➝ C$43.00
7/4/2016National Bank FinancialBoost Price TargetC$38.00 ➝ C$42.00
7/3/2016National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Overweight
(Data available from 6/24/2016 forward)
Toromont Industries 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 engages 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. 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.
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Today's Range

Now: C$106.96
Low: C$106.09
High: C$107.55

50 Day Range

MA: C$104.07
Low: C$96.97
High: C$109.76

52 Week Range

Now: C$106.96
Low: C$64.48
High: C$110.94

Volume

108,740 shs

Average Volume

155,181 shs

Market Capitalization

C$8.83 billion

P/E Ratio

33.24

Dividend Yield

1.31%

Beta

N/A

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, CIBC, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TIH.

What is the current price target for Toromont Industries?

9 Wall Street analysts have set twelve-month price targets for Toromont Industries in the last year. Their average twelve-month price target is C$112.44, suggesting a possible upside of 5.1%. National Bankshares, Inc. has the highest price target set, predicting TIH will reach C$125.00 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of C$99.00 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 2 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TIH will outperform the market and that investors should add to their positions of Toromont Industries.
View the latest ratings for TIH.

What other companies compete with 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.