Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD 184.15
-4.89 (-2.59%)
Nov 6, 2026, 4:00 PM EST
Toromont Industries Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, Toromont Industries stock has a consensus rating of "Buy" and an average price target of $248.74. The average 1-year stock price forecast is 35.07% higher than the current stock price, while the lowest is $192.00 (+4.26%) and the highest is $265.00 (+43.90%).
Price Target: $248.74 (+35.07%)
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 | May '26 | Jun '26 | Jul '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 3 | 4 | 5 | 5 | 5 |
| Hold | 3 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 9 | 9 | 9 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Canaccord Genuity No rating | Canaccord Genuity | Buy Maintains $260.00 → $250.00 | Buy | Maintains | $260.00 → $250.00 | +35.76% | Nov 5, 2026 |
Unknown Analyst National Bank No rating | National Bank | Buy Maintains $261.00 → $254.00 | Buy | Maintains | $261.00 → $254.00 | +37.93% | Nov 5, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $248.00 → $250.00 | Buy | Maintains | $248.00 → $250.00 | +35.76% | Nov 4, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $239.00 → $244.00 | Buy | Maintains | $239.00 → $244.00 | +32.50% | Nov 4, 2026 |
| CIBC | CIBC | Buy Upgrades $256.00 | Buy | Upgrades | $256.00 | +39.02% | Nov 4, 2026 |
Financial Forecast
Revenue This Year
6.10B
from 5.20B
Increased by 17.31%
Revenue Next Year
6.81B
from 6.10B
Increased by 11.54%
EPS This Year
7.74
from 6.07
Increased by 27.47%
EPS Next Year
9.59
from 7.74
Increased by 24.00%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.