Taseko Mines Limited Downgraded by Pi Financial to Neutral (TKO)
Taseko Mines Limited (TSE:TKO) was downgraded by research analysts at Pi Financial to a “neutral” rating in a report released on Wednesday, StockRatingsNetwork.com reports. They currently have a C$2.50 target price on the stock, down from their previous target price of C$3.60. Pi Financial’s target price suggests a potential upside of 11.11% from the company’s current price.
A number of other analysts have also recently weighed in on TKO. Analysts at CIBC reiterated a “sector perform” rating on shares of Taseko Mines Limited in a research note to investors on Thursday, January 9th. Separately, analysts at TD Securities downgraded shares of Taseko Mines Limited from a “buy” rating to a “hold” rating in a research note to investors on Monday, November 4th. They now have a C$2.75 price target on the stock, down previously from C$3.25. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Taseko Mines Limited presently has a consensus rating of “Buy” and a consensus price target of C$3.29.
Taseko Mines Limited (TSE:TKO) traded up 0.89% on Wednesday, hitting $2.27. 18,170 shares of the company’s stock traded hands. Taseko Mines Limited has a 1-year low of $1.88 and a 1-year high of $3.48. The stock has a 50-day moving average of $2.12 and a 200-day moving average of $2.16. The company’s market cap is $437.1 million.
Taseko Mines Limited (TSE:TKO) is a mining company that generally seeks to acquire, develop, and operate mineral deposits.
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