Tahoe Resources Inc (TSE:THO) had its price target boosted by equities research analysts at Raymond James Financial Inc. from C$22.25 to C$24.50 in a report issued on Friday. Raymond James Financial Inc.’s price target points to a potential upside of 34.69% from the company’s current price.
THO has been the topic of several other research reports. CSFB set a C$22.00 price target on shares of Tahoe Resources in a research note on Thursday, June 30th. Desjardins reiterated a “buy” rating on shares of Tahoe Resources in a research note on Tuesday, August 30th. Canaccord Genuity boosted their price target on shares of Tahoe Resources from C$20.00 to C$25.00 in a research note on Tuesday, July 12th. National Bank Financial boosted their price target on shares of Tahoe Resources from C$21.15 to C$24.50 in a research note on Wednesday, July 13th. Finally, Dundee Securities boosted their price target on shares of Tahoe Resources from C$19.00 to C$20.75 and gave the stock a “buy” rating in a research note on Monday, June 13th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of C$20.88.
Tahoe Resources (TSE:THO) opened at 18.19 on Friday. The company’s market cap is $5.66 billion. Tahoe Resources has a 1-year low of $9.45 and a 1-year high of $22.13. The company has a 50-day moving average price of $18.81 and a 200-day moving average price of $17.45.
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.