TMAC Resources Inc (TMR) Price Target Lowered to C$14.00 at TD Securities

TMAC Resources Inc (TSE:TMR) had its price objective decreased by TD Securities from C$15.00 to C$14.00 in a research note issued to investors on Monday morning. TD Securities currently has a speculative buy rating on the stock.

Other research analysts also recently issued research reports about the stock. CIBC cut their price objective on shares of TMAC Resources from C$12.00 to C$10.50 in a research report on Monday. Scotiabank cut their price objective on shares of TMAC Resources from C$22.00 to C$16.00 and set a sector perform rating on the stock in a research report on Monday, July 17th. BMO Capital Markets reaffirmed a market perform rating and issued a C$13.00 price objective on shares of TMAC Resources in a research report on Friday, October 13th. Finally, Royal Bank Of Canada downgraded shares of TMAC Resources from an outperform rating to a sector perform rating and cut their price objective for the stock from C$20.00 to C$13.00 in a research report on Thursday, August 17th. Five analysts have rated the stock with a hold rating, The company currently has an average rating of Hold and a consensus price target of C$12.30.

TMAC Resources (TSE:TMR) opened at C$8.53 on Monday. TMAC Resources has a 12-month low of C$6.90 and a 12-month high of C$19.00.

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