Tahoe Resources Inc (THO) Given Consensus Rating of “Hold” by Brokerages

Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$8.33.

THO has been the subject of a number of research analyst reports. Canaccord Genuity dropped their price objective on Tahoe Resources from C$10.50 to C$10.00 in a report on Friday, February 16th. National Bank Financial upped their price objective on Tahoe Resources from C$7.50 to C$8.00 and gave the stock a “sector perform” rating in a report on Monday, February 26th. TD Securities dropped their price objective on Tahoe Resources from C$7.00 to C$6.50 and set a “hold” rating for the company in a report on Monday, February 26th. Finally, Eight Capital dropped their price objective on Tahoe Resources from C$7.50 to C$7.00 in a report on Thursday, May 3rd.

THO stock opened at C$7.13 on Monday. Tahoe Resources has a 52 week low of C$4.75 and a 52 week high of C$12.68.

About Tahoe Resources

Tahoe Resources Inc, together with its subsidiaries, acquires, explores for, develops, and operates mineral properties in the Americas. It explores for silver, gold, lead, zinc, and copper deposits, as well as precious metals assets. The company holds interest in the La Arena gold mine located in the Huamachuco district of northern Peru; Shahuindo mine located in the province of Cajabamba in northern Peru; and La Arena II, a copper-gold porphyry deposit located in Peru.

Analyst Recommendations for Tahoe Resources (TSE:THO)

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