Tahoe Resources Inc (TSE:THO) Rating Reiterated by Royal Bank Of Canada
Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank Of Canada in a research report issued on Thursday, StockTargetPrices.com reports.
Other equities analysts also recently issued reports about the stock. TD Securities reaffirmed a “buy” rating and set a C$16.00 target price on shares of Tahoe Resources in a research note on Wednesday, May 3rd. Raymond James Financial, Inc. reduced their target price on shares of Tahoe Resources from C$18.50 to C$17.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 15th. Canaccord Genuity reduced their target price on shares of Tahoe Resources from C$17.50 to C$15.00 and set a “buy” rating on the stock in a research note on Friday, March 10th. CSFB assumed coverage on shares of Tahoe Resources in a research note on Thursday, April 13th. They set an “outperform” rating and a C$14.00 target price on the stock. Finally, National Bank Financial reduced their target price on shares of Tahoe Resources from C$18.25 to C$14.50 in a research note on Friday, March 10th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of C$13.64.
Tahoe Resources (TSE THO) opened at 6.62 on Thursday. The company’s 50-day moving average is $11.93 and its 200 day moving average is $11.62. The company has a market capitalization of $2.07 billion and a P/E ratio of 13.29. Tahoe Resources has a one year low of $6.48 and a one year high of $22.13.
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About Tahoe Resources
Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.
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