Impact of Brokerage Rating on Tahoe Resources, Inc.(TAHO)

Many Tahoe Resources, Inc.(TAHO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Tahoe Resources Inc was Downgraded by JP Morgan to Neutral on Jan 10, 2017. Tahoe Resources Inc was Upgraded by RBC Capital Mkts on Dec 12, 2016 to Outperform, Lowers Price Target to $ 19 from a previous price target of $27 .

Tahoe Resources Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.19. The company had revenue of $234.72 million for the quarter, compared to analysts expectations of $245.24 million. The companys revenue was up 61.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.

Tahoe Resources, Inc. (NYSE:TAHO) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.56 by 9 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.

Tahoe Resources, Inc. (NYSE:TAHO): 9 analysts have set the short term price target of Tahoe Resources, Inc. (NYSE:TAHO) at $16.39. The standard deviation of short term price target has been estimated at $3.52, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 21 and $11 respectively.

Tahoe Resources, Inc. (NYSE:TAHO) rose 0.55% or 0.05 points on Tuesday and made its way into the gainers of the day. After trading began at $9.2 the stock was seen hitting $9.24 as a peak level and $8.98 as the lowest level. The stock ended up at $9.11. The daily volume was measured at 2,334,994 shares. The 52-week high of the share price is $17.01 and the 52-week low is $7.94. The company has a market cap of $2,834 million.

Tahoe Resources Inc. is engaged in the exploration and development of mineral properties in the United States for the mining of precious metals. It principally holds interests in the Escobal project located in southeastern Guatemala. Tahoe Resources Inc. is headquartered in Reno, Nevada.

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