Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD 212.66
+2.50 (1.19%)
Oct 19, 2026, 10:52 AM EST
Toromont Industries Stock Forecast
Stock Price Forecast
According to 10 analysts polled by S&P Global, Toromont Industries stock has a consensus rating of "Buy" and an average price target of $253.50. The average 1-year stock price forecast is 19.21% higher than the current stock price, while the lowest is $239.00 (+12.39%) and the highest is $265.00 (+24.61%).
Price Target: $253.50 (+19.21%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Toromont Industries stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 3 | 4 | 5 | 5 |
| Hold | 3 | 3 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel Nicolaus | Stifel Nicolaus | Buy Initiates $250.00 | Buy | Initiates | $250.00 | +17.56% | Sep 28, 2026 |
| CIBC | CIBC | Hold Maintains $240.00 → $242.00 | Hold | Maintains | $240.00 → $242.00 | +13.80% | Jul 30, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $256.00 → $265.00 | Buy | Maintains | $256.00 → $265.00 | +24.61% | Jul 30, 2026 |
| Scotiabank | Scotiabank | Buy Upgrades $238.00 → $239.00 | Buy | Upgrades | $238.00 → $239.00 | +12.39% | Jul 29, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $264.00 | Buy | Maintains | $264.00 | +24.14% | Jul 29, 2026 |
Financial Forecast
Revenue This Year
5.95B
from 5.20B
Increased by 14.45%
Revenue Next Year
6.62B
from 5.95B
Increased by 11.17%
EPS This Year
7.44
from 6.07
Increased by 22.56%
EPS Next Year
9.27
from 7.44
Increased by 24.67%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.