With a more favourable environment, TOROMONT INDUSTRIES improves to Slightly Positive
TOROMONT INDUSTRIES (CA), a company active in the Commercial Vehicles & Trucks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 24, 2021, the closing price was CAD 113.29 and its potential was estimated at CAD 120.07.Toromont Industries delivers capital equipment to a range of customers and industries. Co. operates through two business segments: the Equipment Group and CIMCO. Through its Equipment Group, Co. is engaged in the supply of mobile equipment and industrial engines and provides sales and rental solutions as well as product support through Toromont Cat, Battlefield – The Cat Rental Store and SITECH Mid-Canada Ltd. in Ontario, Newfoundland, Manitoba and most of Labrador and Nunavut, and AgWest Ltd. in Manitoba. Through CIMCO, Co. is engaged in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems with operations in Canada and the U.S..
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