Westshore Terminals Investment Corp (WTE) PT Raised to C$28.00

Westshore Terminals Investment Corp (TSE:WTE) had its price target raised by equities researchers at Scotiabank from C$27.00 to C$28.00 in a report issued on Friday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price suggests a potential upside of 10.72% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. TD Securities upped their price target on Westshore Terminals Investment Corp from C$27.00 to C$31.00 and gave the company a “buy” rating in a research report on Thursday, July 27th. Royal Bank Of Canada raised Westshore Terminals Investment Corp from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$24.00 to C$30.00 in a research report on Tuesday, July 25th.

Shares of Westshore Terminals Investment Corp (TSE WTE) traded up C$0.58 during trading on Friday, hitting C$25.29. The stock had a trading volume of 63,282 shares.

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In other Westshore Terminals Investment Corp news, Director Glenn Dalziel Dudar bought 1,400 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was purchased at an average price of C$24.74 per share, for a total transaction of C$34,636.00. Also, insider James A. Pattison bought 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were acquired at an average price of C$24.75 per share, with a total value of C$1,237,500.00. In the last quarter, insiders have bought 94,900 shares of company stock valued at $2,350,936.

Westshore Terminals Investment Corp Company Profile

Westshore Terminals Investment Corporation, through its limited partner interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It has contracts to ship coal from five mines in British Columbia and one mine in Alberta, as well as from three mines in the north-western United States.

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