Taseko Mines Limited Now Covered by Canaccord Genuity (TKO)
Canaccord Genuity started coverage on shares of Taseko Mines Limited (TSE:TKO) in a research note issued on Friday, StockRatingsNetwork reports. The firm set a “buy” rating and a C$2.65 price target on the stock. Canaccord Genuity’s target price points to a potential upside of 23.26% from the company’s current price.
Shares of Taseko Mines Limited (TSE:TKO) traded down 0.93% on Friday, hitting $2.13. 22,338 shares of the company’s stock traded hands. Taseko Mines Limited has a 52-week low of $1.88 and a 52-week high of $3.48. The stock’s 50-day moving average is $2.1 and its 200-day moving average is $2.31. The company’s market cap is $410.2 million.
A number of other firms have also recently commented on TKO. Analysts at CIBC cut their price target on shares of Taseko Mines Limited from C$3.90 to C$2.50 in a research note to investors on Monday. They now have a “sector perform” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of Taseko Mines Limited from C$3.00 to C$3.25 in a research note to investors on Friday, September 13th. They now have a “buy” rating on the stock. Finally, analysts at Scotiabank cut their price target on shares of Taseko Mines Limited from C$3.40 to C$3.15 in a research note to investors on Thursday, August 8th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$3.48.
Taseko Mines Limited (TSE:TKO) is a mining company that generally seeks to acquire, develop, and operate mineral deposits.
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