Tahoe Resources Inc (THO) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) have earned a consensus rating of “Hold” from the eleven research firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$10.35.

THO has been the subject of several recent research reports. National Bank Financial reduced their target price on shares of Tahoe Resources from C$7.50 to C$7.25 and set a “sector perform” rating for the company in a report on Wednesday, November 8th. Eight Capital reaffirmed a “neutral” rating on shares of Tahoe Resources in a report on Thursday, August 17th. Canaccord Genuity decreased their price target on shares of Tahoe Resources from C$12.00 to C$9.00 and set a “buy” rating on the stock in a report on Wednesday, August 9th. CIBC decreased their price target on shares of Tahoe Resources from C$8.00 to C$7.75 in a research note on Monday, September 25th. Finally, BMO Capital Markets cut their price target on shares of Tahoe Resources from C$10.00 to C$7.00 and set an “outperform” rating on the stock in a report on Tuesday, September 12th.

WARNING: This piece of content was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright legislation. The correct version of this piece of content can be read at https://www.themarketsdaily.com/2017/11/16/tahoe-resources-inc-tho-receives-consensus-recommendation-of-hold-from-brokerages.html.

Tahoe Resources (THO) opened at C$5.61 on Thursday. Tahoe Resources has a twelve month low of C$5.31 and a twelve month high of C$15.11.

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.

Analyst Recommendations for Tahoe Resources (TSE:THO)

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

Latest News

Leave a Reply