Tahoe Resources Inc (THO) PT Raised to C$22.00 at Desjardins
Tahoe Resources Inc (TSE:THO) had its price target lifted by Desjardins from C$21.50 to C$22.00 in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Desjardins’ price target would suggest a potential upside of 59.42% from the stock’s previous close.
A number of other research analysts have also recently commented on the company. Raymond James Financial Inc. boosted their price objective on Tahoe Resources from C$22.25 to C$24.50 in a research note on Friday, September 23rd. TD Securities boosted their price objective on Tahoe Resources from C$24.00 to C$26.00 and gave the stock a “buy” rating in a research note on Thursday, August 11th. National Bank Financial boosted their price objective on Tahoe Resources from C$21.15 to C$24.50 in a research note on Wednesday, July 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of Tahoe Resources in a research note on Tuesday, November 1st. Finally, Canaccord Genuity boosted their price objective on Tahoe Resources from C$20.00 to C$25.00 in a research note on Tuesday, July 12th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of C$20.98.
Tahoe Resources (TSE:THO) opened at 13.80 on Wednesday. The stock’s market cap is $4.29 billion. Tahoe Resources has a 1-year low of $9.45 and a 1-year high of $22.13. The company’s 50-day moving average price is $15.84 and its 200-day moving average price is $17.67.
Tahoe Resources Company Profile
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.
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