Taseko Mines Limited Stock Rating Lowered by Scotiabank (TGB)
Taseko Mines Limited (NYSE:TGB) was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on TGB. Analysts at Zacks upgraded shares of Taseko Mines Limited from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday. They now have a $2.20 price target on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Taseko Mines Limited in a research note to investors on Friday, October 11th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $3.84.
Shares of Taseko Mines Limited (NYSE:TGB) traded down 2.35% during mid-day trading on Wednesday, hitting $2.08. The stock had a trading volume of 38,458 shares. Taseko Mines Limited has a 1-year low of $1.80 and a 1-year high of $3.53. The stock’s 50-day moving average is $2.0 and its 200-day moving average is $2.12. The company’s market cap is $400.5 million.
Taseko Mines Limited (NYSE:TGB) is a Canada-based company.
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