Turquoise Hill Resources (TRQ) Given New C$5.00 Price Target at Scotiabank

Turquoise Hill Resources (TSE:TRQ) (NYSE:TRQ) had its price target cut by Scotiabank from C$5.75 to C$5.00 in a research note published on Tuesday. They currently have an outperform rating on the stock.

Separately, CIBC boosted their price objective on Turquoise Hill Resources from C$5.00 to C$6.00 in a research note on Monday, January 22nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Turquoise Hill Resources presently has an average rating of Buy and a consensus price target of C$5.65.

Shares of Turquoise Hill Resources (TSE TRQ) opened at C$3.54 on Tuesday. Turquoise Hill Resources has a one year low of C$3.25 and a one year high of C$4.71. The stock has a market capitalization of $7,120.00, a price-to-earnings ratio of 25.29 and a beta of -0.27.

COPYRIGHT VIOLATION WARNING: This report was first reported by BBNS and is owned by of BBNS. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at https://baseballnewssource.com/markets/turquoise-hill-resources-trq-given-new-c5-00-price-target-at-scotiabank/1912519.html.

About Turquoise Hill Resources

Turquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company’s principal material mineral resource property. The Company’s Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes).

Analyst Recommendations for Turquoise Hill Resources (TSE:TRQ)

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

 


Latest News

Red Sox: J.D. Martinez Continues His Physical at Spring Training Facility
Red Sox: J.D. Martinez Continues His Physical at Spring Training Facility
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish


Leave a Reply

 
© 2006-2018 BBNS.