The Globe and Mail reports in its Thursday, Feb. 21, edition that BMO Nesbitt Burns analyst Michael Mazar commenced coverage of Tervita ($6.21) with a "market perform" rating. The Globe's David Leeder writes that Mr. Mazar targets the shares at $7.50. Analysts on average target the shares at $10.94. Mr. Mazar says in a note: "Tervita has the free cash flow potential to deliver both growth and de-levering, so the opportunity is certainly there to narrow the valuation discount to Secure Energy Services ($8.69). However, we are taking a cautious approach until management demonstrates execution on some of the projects in its relatively robust backlog of growth initiatives." The Globe reported on Aug. 17, 2018, that CIBC analyst Jon Morrison began coverage of Tervita with an "outperformer" rating and $13.50 share target. The shares were then worth $9.48. The Globe reported on Nov. 8, 2018, that Industrial Alliance Securities analyst Elias Foscolos rated Tervita "buy" in new coverage. The shares were then worth $7.04. The Globe reported on Nov. 17, 2018, that Mr. Foscolos continued to rate Tervita "buy." In the item Mr. Foscolos raised his share target to $13.50 from $11. Tervita shares were then worth $9.49.