Tahoe Resources Coverage Initiated at Dundee Securities (TAHO)
A number of other firms have also recently commented on TAHO. Analysts at Zacks upgraded shares of Tahoe Resources from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 17th. They now have a $26.70 price target on the stock. Separately, analysts at Canaccord Genuity downgraded shares of Tahoe Resources from a “buy” rating to a “hold” rating in a research note on Thursday, July 10th. They now have a $30.50 price target on the stock. Finally, analysts at Raymond James downgraded shares of Tahoe Resources from an “outperform” rating to a “market perform” rating in a research note on Friday, June 27th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $27.23.
Tahoe Resources (NASDAQ:TAHO) opened at 26.90 on Monday. Tahoe Resources has a 1-year low of $14.06 and a 1-year high of $27.48. The stock has a 50-day moving average of $25.94 and a 200-day moving average of $22.39. The company’s market cap is $3.950 billion.
Tahoe Resources (NASDAQ:TAHO) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.04. The company had revenue of $89.90 million for the quarter. On average, analysts predict that Tahoe Resources will post $0.99 earnings per share for the current fiscal year.
Tahoe Resources Inc (NASDAQ:TAHO) is engaged in the exploration and development of mineral properties in the United States for the mining of precious metals.
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