Tahoe Resources Inc (THO) Receives C$21.42 Consensus PT from Analysts
Shares of Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) have been assigned a consensus rating of “Buy” from the ten ratings firms that are covering the company. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$21.42.
THO has been the subject of several research reports. TD Securities lifted their target price on Tahoe Resources from C$24.00 to C$26.00 and gave the company a “buy” rating in a research report on Thursday, August 11th. Desjardins reaffirmed a “buy” rating on shares of Tahoe Resources in a research report on Tuesday, August 30th. Raymond James Financial Inc. lifted their target price on Tahoe Resources from C$22.25 to C$24.50 in a research report on Friday, September 23rd. Canaccord Genuity dropped their target price on Tahoe Resources from C$25.00 to C$22.50 in a research report on Monday, October 24th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Tahoe Resources in a research report on Tuesday, November 1st.
Tahoe Resources (TSE:THO) opened at 12.91 on Monday. Tahoe Resources has a 52-week low of $9.45 and a 52-week high of $22.13. The firm’s 50-day moving average is $14.55 and its 200-day moving average is $17.33. The stock has a market capitalization of $4.02 billion and a price-to-earnings ratio of 358.61.
About Tahoe Resources
Tahoe Resources Inc is a mine operating, mineral exploration and development company. The Company’s principal business activities are to operate the Escobal mine, a silver mining operation in southeastern Guatemala; the La Arena mine, a gold mining operation located in northwestern Peru, and the Shahuindo gold mine, located in northwestern Peru.
Receive News & Ratings for Tahoe Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tahoe Resources Inc and related companies with MarketBeat.com's FREE daily email newsletter.