Tahoe Resources Inc (NASDAQ:TAHO) was upgraded by analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Friday.

A number of other research analysts have also recently weighed in on the stock. Desjardins reiterated a “buy” rating and issued a $22.00 target price (up from $21.50) on shares of Tahoe Resources in a research note on Thursday, November 10th. RBC Capital Markets restated a “sector perform” rating on shares of Tahoe Resources in a research note on Tuesday, November 1st. Zacks Investment Research upgraded shares of Tahoe Resources from a “sell” rating to a “hold” rating in a research note on Wednesday, October 19th. Finally, TD Securities restated a “buy” rating and set a $26.00 price target (up from $24.00) on shares of Tahoe Resources in a research note on Saturday, August 13th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $21.67.

Analyst Recommendations for Tahoe Resources (NASDAQ:TAHO)

Tahoe Resources (NASDAQ:TAHO) opened at 9.75 on Friday. The company has a 50-day moving average of $11.69 and a 200-day moving average of $13.53. The company’s market capitalization is $3.03 billion. Tahoe Resources has a 52 week low of $6.48 and a 52 week high of $17.01.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Wednesday, November 16th will be paid a $0.02 dividend. This represents a $0.24 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Monday, November 14th.

A number of hedge funds have recently bought and sold shares of TAHO. Sei Investments Co. boosted its stake in Tahoe Resources by 753.6% in the third quarter. Sei Investments Co. now owns 7,810 shares of the company’s stock valued at $101,000 after buying an additional 6,895 shares in the last quarter. Creative Planning boosted its stake in Tahoe Resources by 4,550.0% in the third quarter. Creative Planning now owns 9,300 shares of the company’s stock valued at $119,000 after buying an additional 9,100 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in Tahoe Resources by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 9,689 shares of the company’s stock valued at $124,000 after buying an additional 39 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Tahoe Resources by 65.1% in the third quarter. DekaBank Deutsche Girozentrale now owns 9,844 shares of the company’s stock valued at $130,000 after buying an additional 3,882 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in Tahoe Resources by 19.4% in the third quarter. Quantbot Technologies LP now owns 10,362 shares of the company’s stock valued at $132,000 after buying an additional 1,687 shares in the last quarter.

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.

5 Day Chart for NASDAQ:TAHO

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