Toromont Industries Ltd. (TSX:TIH)
Canada · Delayed Price · Currency is CAD 216.05
+9.24 (4.47%)
Jul 30, 2026, 4:00 PM EST
Toromont Industries Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, Toromont Industries stock has a consensus rating of "Buy" and an average price target of $252.33. The average 1-year stock price forecast is 16.79% higher than the current stock price, while the lowest is $239.00 (+10.62%) and the highest is $265.00 (+22.66%).
Price Target: $252.33 (+16.79%)
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 | Jan '26 | Feb '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 4 | 4 | 3 | 3 | 2 | 2 |
| 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 |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $240.00 → $242.00 | Hold | Maintains | $240.00 → $242.00 | +12.01% | Jul 30, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $256.00 → $265.00 | Buy | Maintains | $256.00 → $265.00 | +22.66% | Jul 30, 2026 |
| Scotiabank | Scotiabank | Buy Upgrades $238.00 → $239.00 | Buy | Upgrades | $238.00 → $239.00 | +10.62% | Jul 29, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $228.00 → $247.00 | Buy | Maintains | $228.00 → $247.00 | +14.33% | Jul 14, 2026 |
| Raymond James | Raymond James | Hold Upgrades $190.00 → $235.00 | Hold | Upgrades | $190.00 → $235.00 | +8.77% | Jun 18, 2026 |
Financial Forecast
Revenue This Year
5.75B
from 5.20B
Increased by 10.51%
Revenue Next Year
6.36B
from 5.75B
Increased by 10.63%
EPS This Year
7.19
from 6.07
Increased by 18.51%
EPS Next Year
8.78
from 7.19
Increased by 22.11%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.