BMO keeps CAD 160.00 target for TerraVest Industries stock

Published on 10/14/2026 at 02:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TerraVest posted CAD 460.90 million in third-quarter revenue, up 14.00 percent year over year. TerraVest stock keeps a CAD 160.00 target.

Targets, growth and reporting date

BMO Capital kept its Buy rating and CAD 160.00 target on October 7, 2026.
Third-quarter fiscal 2026 revenue reached CAD 460.90 million, up 14.00 percent year over year.
TerraVest Industries is scheduled to report its next results on December 16, 2026.

TER, CA88105G1037, Illustration mit AI erstellt.

TerraVest Industries (ISIN CA88105G1037) combines a 14.00 percent year-over-year revenue increase with a renewed CAD 160.00 target from BMO Capital. According to Investing.com on October 7, 2026, BMO Capital maintained its Buy rating and reduced its target from CAD 170.00 to CAD 160.00 for TerraVest Industries.

Three dated developments shape the story

On August 13, 2026, TerraVest reported fiscal third-quarter revenue of CAD 460.90 million, compared with CAD 405.70 million a year earlier, according to WealthierToday. On August 19, 2026, TerraVest received TSX approval for a buyback covering 1,545,961 shares, equal to 7.22 percent of issued capital, as reported by Marketscreener. On October 7, 2026, BMO Capital set the latest target at CAD 160.00.

What does revenue growth change?

The revenue comparison points to expansion despite pressure in the tank trailer business. Bulk Transporter reported on October 12, 2026, that industrial tanks and pressure vessels helped offset softer domestic tanker demand. The nine-month comparison was also substantial: sales reached CAD 1.31 billion, up from CAD 951.70 million in the comparable period.

Next reporting date is December 16

Investing.com lists December 16, 2026, as TerraVest's next earnings date. That date gives the market a defined checkpoint for testing whether the 14.00 percent third-quarter revenue growth continued into the next reporting period, while BMO's CAD 160.00 target shows that valuation expectations remain materially above the latest published target price.