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RBC Capital, BMO Boost Toromont Industries Price Target

RBC Capital, BMO Boost Toromont Industries Price Target

加拿大皇家銀行資本,蒙特利爾銀行提振Toromont Industries目標價
Benzinga Real-time News ·  2022/04/30 04:32
  • Toromont Industries Ltd (TSX:TIH) (OTC:TMTNF) price target has been raised to C$130 from C$126 by BMO Capital analyst Devin Dodge with an Outperform rating for the shares.
  • Dodge stated that the demand backdrop remains very favorable for Toromont, and they expect activity levels in TIH's territories to gain momentum through 2022.
  • Supply chain challenges tempers near-term optimism, mentions the analyst.
  • Dodge says TIH remains a preferred idea among the heavy equipment dealers, but there is a growing risk that the ramp-up in earnings may be more weighted to 2023 (vs. 2022).
  • RBC Capital analyst Sabahat Khan also raised Toromont Industries' price target to C$129 from C$126 while reiterating the Outperform rating on the shares.
  • Given the strong demand environment (record backlog) and another successful quarter of execution amid a challenging supply backdrop, the analyst retains a positive outlook on TIH post Q1/22 results.
  • Price Action: TIH shares closed lower by 6.30% at C$113.09 on TSX, and TMTNF lower by 5.06% at $89.11 on Friday.
  • Toromont Industries Ltd.(多倫多證券交易所股票代碼:TIH)(場外交易代碼:TMTNF)目標價已從126加元上調至130加元蒙特利爾銀行資本分析師德文·道奇(Devin Dodge)對該股的評級優於大盤。
  • 道奇表示,需求背景對Toromont仍然非常有利,他們預計TIH地區的活動水平將在2022年之前獲得勢頭。
  • 這位分析師提到,供應鏈挑戰沖淡了近期的樂觀情緒。
  • 道奇説,TIH仍然是重型設備經銷商的首選想法,但越來越大的風險是,收益的增長可能會更重到2023年(而不是2022年)。
  • 加拿大皇家銀行資本分析師Sabahat Khan還將Toromont Industries的目標價從126加元上調至129加元,同時重申了該股的表現優於大盤的評級。
  • 鑑於強勁的需求環境(創紀錄的積壓),以及在具有挑戰性的供應背景下又一個成功的季度執行,分析師對TIH在第一季度/22季度的業績保持樂觀。
  • 價格行動:TIH股價週五在多倫多證交所收盤下跌6.30%,至113.09加元,多倫多道明金融週五收盤下跌5.06%,至89.11美元。

譯文內容由第三人軟體翻譯。


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