Taseko Mines Ltd (TSE:TKO) had its price objective reduced by equities research analysts at Raymond James Financial Inc. from C$0.95 to C$0.80 in a report released on Thursday. Raymond James Financial Inc.’s price objective suggests a potential upside of 37.93% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. National Bank Financial increased their price objective on shares of Taseko Mines from C$0.65 to C$0.80 in a research report on Monday, July 18th. TD Securities increased their price objective on shares of Taseko Mines from C$0.85 to C$0.90 and gave the stock a “hold” rating in a research report on Wednesday, July 27th. Scotiabank reiterated a “sector perform” rating and set a C$0.80 price objective on shares of Taseko Mines in a research report on Thursday, July 28th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a C$1.00 price objective on shares of Taseko Mines in a research report on Friday, July 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of C$0.82.

Analyst Recommendations for Taseko Mines (TSE:TKO)

Shares of Taseko Mines (TSE:TKO) remained flat at $0.58 during trading on Thursday. 26,980 shares of the company were exchanged. The firm’s market capitalization is $128.66 million. The stock has a 50-day moving average price of $0.60 and a 200 day moving average price of $0.67. Taseko Mines has a one year low of $0.35 and a one year high of $0.88.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/13/taseko-mines-ltd-tko-pt-lowered-to-c0-80-at-raymond-james-financial-inc.html

Taseko Mines Company Profile

Taseko Mines Limited is a mining company. The Company is engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada and the State of Arizona, the United States. Its operating asset is the Gibraltar Mine, a copper mine located in central British Columbia.

Receive News & Ratings for Taseko Mines Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taseko Mines Ltd and related companies with MarketBeat.com's FREE daily email newsletter.