TMAC Resources Inc (TMR) Receives Consensus Rating of “Hold” from Brokerages
TMAC Resources Inc (TSE:TMR) has earned a consensus rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$12.29.
A number of research analysts have recently commented on the company. TD Securities lowered their price target on TMAC Resources from C$17.50 to C$15.00 and set a “speculative buy” rating on the stock in a report on Tuesday, October 17th. CIBC lowered their price target on TMAC Resources from C$12.00 to C$10.50 in a report on Monday, November 13th. Desjardins reissued a “buy” rating and set a C$12.25 price target on shares of TMAC Resources in a report on Tuesday. Royal Bank Of Canada lowered their price target on TMAC Resources from C$13.00 to C$11.00 and set a “sector perform” rating on the stock in a report on Monday, November 13th. Finally, BMO Capital Markets reissued a “market perform” rating and set a C$13.00 price target on shares of TMAC Resources in a report on Friday, October 13th.
Shares of TMAC Resources (TSE:TMR) traded down C$0.07 on Tuesday, hitting C$7.01. The stock had a trading volume of 46,300 shares, compared to its average volume of 45,424. TMAC Resources has a 52 week low of C$6.90 and a 52 week high of C$19.00.
About TMAC Resources
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