Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD 227.39
+0.56 (0.25%)
May 29, 2026, 4:00 PM EST
Toromont Industries Stock Forecast
Stock Price Forecast
The 8 analysts that cover Toromont Industries stock have a consensus rating of "Buy" and an average price target of $224.00, which forecasts a -1.49% decrease in the stock price over the next year. The lowest target is $190.00 and the highest is $240.00.
Price Target: $224.00 (-1.49%)
Analyst Consensus: Buy
Analyst 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $228.00 → $240.00 | Buy | Maintains | $228.00 → $240.00 | +5.55% | May 4, 2026 |
| National Bank | National Bank | Buy Maintains $214.00 → $216.00 | Buy | Maintains | $214.00 → $216.00 | -5.01% | Apr 30, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Hold Maintains $180.00 → $190.00 | Hold | Maintains | $180.00 → $190.00 | -16.44% | Apr 30, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $208.00 → $229.00 | Hold | Maintains | $208.00 → $229.00 | +0.71% | Apr 30, 2026 |
| CIBC | CIBC | Hold Maintains $200.00 → $215.00 | Hold | Maintains | $200.00 → $215.00 | -5.45% | Apr 30, 2026 |
Sources: Price targets and consensus ratings provided by TipRanks. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.