TSE:TRQ - Turquoise Hill Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$38.00
  • Forecasted Upside: 5.82 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$35.91
▼ -0.03 (-0.08%)

This chart shows the closing price for TRQ by one month, three months, or twelve months.

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Analyst Price Target for TRQ

Analyst Price Target is C$38.00
▲ +5.82% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Turquoise Hill Resources in the last 3 months. The average price target is C$38.00, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 5.82% upside from the last price of C$35.91.

This chart shows the closing price for TRQ for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 7 investment analysts is to buy stock in Turquoise Hill Resources. This rating has held steady since December 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/1/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/30/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/26/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/24/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/25/2022

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/13/2022Eight CapitalBoost Price TargetBuyC$43.00 ➝ C$48.00
5/12/2022ScotiabankUpgradeSector Perform ➝ BuyC$43.00 ➝ C$44.00
4/21/2022Eight CapitalBoost Price TargetSellC$40.00 ➝ C$43.00
4/19/2022ScotiabankBoost Price TargetC$42.00 ➝ C$43.00
4/13/2022ScotiabankBoost Price TargetC$30.00 ➝ C$42.00
3/16/2022Eight CapitalBoost Price TargetSellC$30.00 ➝ C$40.00
3/15/2022BMO Capital MarketsUpgradeUnderperform ➝ Market PerformC$20.00 ➝ C$34.00
3/15/2022TD SecuritiesDowngradeBuy ➝ HoldC$32.00 ➝ C$39.00
3/4/2022TD SecuritiesBoost Price TargetSpeculative Buy ➝ BuyC$28.00 ➝ C$32.00
3/4/2022Royal Bank of CanadaBoost Price TargetSector PerformC$25.00 ➝ C$32.00
3/4/2022ScotiabankBoost Price TargetC$26.00 ➝ C$30.00
3/3/2022Canaccord Genuity GroupBoost Price TargetC$28.00 ➝ C$31.00
3/3/2022Eight CapitalBoost Price TargetSellC$28.50 ➝ C$30.00
1/27/2022BMO Capital MarketsBoost Price TargetC$11.50 ➝ C$20.00
1/27/2022MacquarieUpgradeBuy
1/26/2022Royal Bank of CanadaBoost Price TargetSector PerformC$21.00 ➝ C$25.00
1/25/2022ScotiabankBoost Price TargetC$22.00 ➝ C$26.00
1/25/2022TD SecuritiesUpgradeHold ➝ BuyC$24.00 ➝ C$28.00
1/25/2022Canaccord Genuity GroupUpgradeHold ➝ BuyC$21.00 ➝ C$28.00
1/19/2022BMO Capital MarketsLower Price TargetC$13.00 ➝ C$10.50
1/10/2022Canaccord Genuity GroupUpgradeSell ➝ HoldC$12.50 ➝ C$14.00
1/5/2022TD SecuritiesBoost Price TargetHoldC$18.00 ➝ C$23.00
11/18/2021BMO Capital MarketsBoost Price TargetC$12.00 ➝ C$13.00
11/4/2021TD SecuritiesLower Price TargetHoldC$20.00 ➝ C$18.00
11/3/2021BMO Capital MarketsDowngradeSellC$12.00
10/19/2021Eight CapitalDowngradeBuy ➝ SellC$30.00 ➝ C$16.00
10/15/2021ScotiabankDowngradeHold
10/15/2021TD SecuritiesDowngradeSpeculative Buy ➝ Hold
3/11/2021TD SecuritiesReiterated RatingNA
3/9/2021Royal Bank of CanadaReiterated RatingSector Perform
3/6/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform
9/3/2020ScotiabankBoost Price TargetC$1.50 ➝ C$2.00
8/4/2020Credit Suisse GroupBoost Price TargetNeutralC$1.00 ➝ C$1.20
8/4/2020CSFBBoost Price TargetNeutralC$1.00 ➝ C$1.20
7/20/2020Eight CapitalUpgradeNeutral ➝ BuyC$1.80 ➝ C$2.25
7/6/2020TD SecuritiesBoost Price TargetSpeculative BuyC$1.70 ➝ C$1.95
5/17/2020CIBCBoost Price TargetC$0.80 ➝ C$0.85
4/24/2020CIBCBoost Price TargetC$0.70 ➝ C$0.80
4/21/2020Eight CapitalLower Price TargetC$2.00 ➝ C$1.80
4/1/2020CIBCLower Price TargetC$1.60 ➝ C$0.70
3/24/2020ScotiabankLower Price TargetC$2.00 ➝ C$1.75
1/23/2020CIBCUpgradeNeutral ➝ OutperformC$1.00 ➝ C$1.60
1/20/2020TD SecuritiesBoost Price TargetSpeculative BuyC$2.00 ➝ C$2.25
1/14/2020Credit Suisse GroupLower Price TargetC$1.60 ➝ C$1.00
1/14/2020CSFBLower Price TargetC$1.60 ➝ C$1.00
1/10/2020TD SecuritiesBoost Price TargetC$1.60 ➝ C$2.00
12/19/2019TD SecuritiesLower Price TargetSpeculative BuyC$1.75 ➝ C$1.60
11/14/2019TD SecuritiesLower Price TargetSpeculative BuyC$2.00 ➝ C$1.75
9/6/2019CIBCLower Price TargetC$1.20 ➝ C$1.00
7/18/2019CIBCDowngradeOutperform ➝ NeutralC$3.50 ➝ C$1.20
7/17/2019TD SecuritiesDowngradeBuy ➝ Speculative BuyC$4.00 ➝ C$2.25
7/16/2019Eight CapitalDowngradeBuy ➝ NeutralC$4.50 ➝ C$3.00
5/17/2019TD SecuritiesLower Price TargetBuyC$5.00 ➝ C$4.00
4/17/2019TD SecuritiesLower Price TargetC$5.50 ➝ C$5.00
3/18/2019CIBCLower Price TargetC$4.00 ➝ C$3.50
2/28/2019TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
1/21/2019CIBCLower Price TargetC$4.20 ➝ C$4.00
11/6/2018CIBCLower Price TargetC$5.10 ➝ C$4.20
10/17/2018TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
9/10/2018CSFBReiterated RatingNeutralC$5.00
8/31/2018CIBCLower Price TargetC$5.30 ➝ C$5.10
5/14/2018ScotiabankSet Price TargetOutperformC$5.25
4/18/2018ScotiabankSet Price TargetOutperformC$5.25
3/23/2018CIBCLower Price TargetC$6.00 ➝ C$5.30
3/16/2018ScotiabankSet Price TargetOutperformC$5.00
2/20/2018ScotiabankLower Price TargetOutperformC$5.75 ➝ C$5.00
1/22/2018CIBCBoost Price TargetC$5.00 ➝ C$6.00
1/16/2018ScotiabankSet Price TargetOutperformC$5.75
12/8/2017ScotiabankReiterated RatingOutperformC$5.75
11/6/2017ScotiabankReiterated RatingOutperformC$5.50
10/17/2017ScotiabankReiterated RatingOutperformC$5.50
9/15/2017CIBCReiterated RatingOutperformC$5.00
8/17/2017Eight CapitalReiterated RatingBuy
8/2/2017ScotiabankReiterated RatingOutperformC$6.00
7/18/2017ScotiabankReiterated RatingOutperformC$6.00
6/22/2017ScotiabankSet Price TargetOutperformC$6.00
6/22/2017Royal Bank of CanadaReiterated RatingSector PerformC$5.25
(Data available from 5/26/2017 forward)

News Sentiment Rating

0.02 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/27/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/27/2021
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/26/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/25/2022
  • 0 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/27/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/26/2022
  • 2 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
5/26/2022

Current Sentiment

  • 2 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Turquoise Hill Resources logo
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of the Oyu Tolgoi copper-gold mine located in Southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was incorporated in 1994 and is headquartered in Montreal, Canada.
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Today's Range

Now: C$35.91
Low: C$35.03
High: C$36.04

50 Day Range

MA: C$36.41
Low: C$33.47
High: C$38.58

52 Week Range

Now: C$35.91
Low: C$12.15
High: C$38.91

Volume

217,209 shs

Average Volume

348,295 shs

Market Capitalization

C$7.23 billion

P/E Ratio

10.67

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Turquoise Hill Resources?

The following Wall Street research analysts have issued research reports on Turquoise Hill Resources in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., Eight Capital, Macquarie, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TRQ.

What is the current price target for Turquoise Hill Resources?

0 Wall Street analysts have set twelve-month price targets for Turquoise Hill Resources in the last year. Their average twelve-month price target is C$38.00, suggesting a possible upside of 5.8%.
View the latest price targets for TRQ.

What is the current consensus analyst rating for Turquoise Hill Resources?

Turquoise Hill Resources currently has 3 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRQ will outperform the market and that investors should add to their positions of Turquoise Hill Resources.
View the latest ratings for TRQ.

How do I contact Turquoise Hill Resources' investor relations team?

Turquoise Hill Resources' physical mailing address is 354-200 Granville St, VANCOUVER, BC V6C 1S4, Canada. The company's listed phone number is +1-604-6885755. The official website for Turquoise Hill Resources is www.turquoisehill.com. Learn More about contacing Turquoise Hill Resources investor relations.