Tahoe Resources (TSE:THO) Price Target Increased to C$4.71 by Analysts at National Bank Financial

Tahoe Resources (TSE:THO) (NASDAQ:TAHO) had its price target upped by National Bank Financial from C$4.49 to C$4.71 in a research note issued to investors on Monday, February 4th. National Bank Financial currently has a tender rating on the stock.

Several other research firms have also recently weighed in on THO. TD Securities cut shares of Tahoe Resources from a hold rating to a tender rating and raised their target price for the company from C$3.75 to C$4.50 in a research note on Monday, November 19th. BMO Capital Markets cut shares of Tahoe Resources from an outperform rating to a market perform rating and cut their target price for the company from C$7.00 to C$5.00 in a research note on Friday, December 21st. Finally, Eight Capital cut their target price on shares of Tahoe Resources from C$5.75 to C$4.50 in a research note on Thursday, November 15th. Four equities research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of Hold and an average target price of C$5.62.

THO traded up C$0.05 during trading on Monday, hitting C$4.95. 694,800 shares of the company traded hands, compared to its average volume of 1,249,473. The stock has a market capitalization of $1.55 billion and a price-to-earnings ratio of -6.69. Tahoe Resources has a 1 year low of C$2.88 and a 1 year high of C$7.27. The company has a debt-to-equity ratio of 4.23, a quick ratio of 0.70 and a current ratio of 1.82.

Tahoe Resources Company Profile

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.

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