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

  • Consensus Rating: Hold
  • Consensus Price Target: C$1.77
  • Forecasted Upside: -91.50 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$20.78 As of 06/11/2021 05:00 PM ET
▲ +0.18 (0.87%)
1 month | 3 months | 12 months
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Analyst Price Target for TRQ

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$1.77
▼ -91.50% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Turquoise Hill Resources in the last 3 months. The average price target is C$1.77, with a high forecast of C$2.25 and a low forecast of C$1.20. The average price target represents a -91.50% upside from the last price of C$20.78.

Hold

The current consensus among 5 polled investment analysts is to hold stock in Turquoise Hill Resources. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/22/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/21/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/19/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/17/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/16/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/15/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/14/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/11/2021TD SecuritiesReiterated RatingNA
i
3/9/2021Royal Bank of CanadaReiterated RatingSector Perform
i
3/6/2021BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
9/3/2020ScotiabankBoost Price TargetC$1.50 ➝ C$2.00
i
8/31/2020Canaccord GenuityLower Price TargetC$2.50 ➝ C$2.00
i
8/4/2020Credit Suisse GroupBoost Price TargetNeutralC$1.00 ➝ C$1.20
i
8/4/2020CSFBBoost Price TargetNeutralC$1.00 ➝ C$1.20
i
7/20/2020Eight CapitalUpgradeNeutral ➝ BuyC$1.80 ➝ C$2.25
i
7/20/2020Canaccord GenuityBoost Price TargetC$2.25 ➝ C$2.50
i
7/6/2020TD SecuritiesBoost Price TargetSpeculative BuyC$1.70 ➝ C$1.95
i
5/20/2020Canaccord GenuityBoost Price TargetC$2.50 ➝ C$2.75
i
5/17/2020CIBCBoost Price TargetC$0.80 ➝ C$0.85
i
4/24/2020CIBCBoost Price TargetC$0.70 ➝ C$0.80
i
4/21/2020Eight CapitalLower Price TargetC$2.00 ➝ C$1.80
i
4/1/2020CIBCLower Price TargetC$1.60 ➝ C$0.70
i
3/24/2020ScotiabankLower Price TargetC$2.00 ➝ C$1.75
i
1/23/2020CIBCUpgradeNeutral ➝ OutperformC$1.00 ➝ C$1.60
i
1/20/2020TD SecuritiesBoost Price TargetSpeculative BuyC$2.00 ➝ C$2.25
i
1/14/2020Credit Suisse GroupLower Price TargetC$1.60 ➝ C$1.00
i
1/14/2020CSFBLower Price TargetC$1.60 ➝ C$1.00
i
1/10/2020TD SecuritiesBoost Price TargetC$1.60 ➝ C$2.00
i
12/19/2019TD SecuritiesLower Price TargetSpeculative BuyC$1.75 ➝ C$1.60
i
11/14/2019TD SecuritiesLower Price TargetSpeculative BuyC$2.00 ➝ C$1.75
i
9/6/2019CIBCLower Price TargetC$1.20 ➝ C$1.00
i
7/18/2019CIBCDowngradeOutperform ➝ NeutralC$3.50 ➝ C$1.20
i
7/17/2019TD SecuritiesDowngradeBuy ➝ Speculative BuyC$4.00 ➝ C$2.25
i
7/16/2019Canaccord GenuityLower Price TargetC$4.50 ➝ C$2.25
i
7/16/2019Eight CapitalDowngradeBuy ➝ NeutralC$4.50 ➝ C$3.00
i
5/17/2019TD SecuritiesLower Price TargetBuyC$5.00 ➝ C$4.00
i
4/17/2019TD SecuritiesLower Price TargetC$5.50 ➝ C$5.00
i
3/18/2019CIBCLower Price TargetC$4.00 ➝ C$3.50
i
2/28/2019TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
i
1/21/2019CIBCLower Price TargetC$4.20 ➝ C$4.00
i
1/8/2019Canaccord GenuityLower Price TargetC$6.75 ➝ C$5.00
i
11/6/2018CIBCLower Price TargetC$5.10 ➝ C$4.20
i
10/17/2018TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
i
9/10/2018CSFBReiterated RatingNeutralC$5.00
i
8/31/2018CIBCLower Price TargetC$5.30 ➝ C$5.10
i
5/14/2018ScotiabankSet Price TargetOutperformC$5.25
i
4/18/2018ScotiabankSet Price TargetOutperformC$5.25
i
3/23/2018CIBCLower Price TargetC$6.00 ➝ C$5.30
i
3/16/2018ScotiabankSet Price TargetOutperformC$5.00
i
2/20/2018ScotiabankLower Price TargetOutperformC$5.75 ➝ C$5.00
i
1/22/2018CIBCBoost Price TargetC$5.00 ➝ C$6.00
i
1/16/2018ScotiabankSet Price TargetOutperformC$5.75
i
12/8/2017ScotiabankReiterated RatingOutperformC$5.75
i
11/6/2017ScotiabankReiterated RatingOutperformC$5.50
i
10/17/2017ScotiabankReiterated RatingOutperformC$5.50
i
9/15/2017CIBCReiterated RatingOutperformC$5.00
i
8/17/2017Eight CapitalReiterated RatingBuy
i
8/2/2017ScotiabankReiterated RatingOutperformC$6.00
i
7/18/2017ScotiabankReiterated RatingOutperformC$6.00
i
6/22/2017ScotiabankSet Price TargetOutperformC$6.00
i
6/22/2017Royal Bank of CanadaReiterated RatingSector PerformC$5.25
i
5/17/2017ScotiabankSet Price TargetOutperformC$6.00
i
4/20/2017ScotiabankReiterated RatingOutperformC$6.00
i
4/20/2017Royal Bank of CanadaReiterated RatingSector PerformC$5.50
i
4/13/2017CSFBInitiated CoverageNeutralC$6.00
i
4/12/2017Royal Bank of CanadaReiterated RatingSector PerformC$5.35
i
3/29/2017TD SecuritiesReiterated RatingBuyC$6.00
i
3/29/2017ScotiabankReiterated RatingOutperformC$6.25
i
3/28/2017Royal Bank of CanadaReiterated RatingSector Perform
i
1/18/2017TD SecuritiesReiterated RatingBuyC$6.00
i
1/17/2017ScotiabankReiterated RatingOutperformC$6.25
i
1/17/2017Royal Bank of CanadaReiterated RatingSector Perform
i
12/19/2016TD SecuritiesReiterated RatingBuyC$6.00
i
12/19/2016ScotiabankInitiated CoverageOutperformC$6.00
i
12/19/2016Royal Bank of CanadaReiterated RatingSector PerformC$5.00
i
12/12/2016Canaccord GenuityBoost Price TargetC$6.25 ➝ C$6.50
i
11/14/2016Canaccord GenuityUpgradeHold ➝ BuyC$4.50 ➝ C$6.25
i
11/10/2016ScotiabankUpgradeSector Perform ➝ OutperformC$5.50 ➝ C$6.00
i
11/7/2016ScotiabankReiterated RatingSector PerformC$5.50
i
11/4/2016TD SecuritiesReiterated RatingBuyC$5.50
i
10/25/2016CSFBBoost Price TargetNeutralC$4.75 ➝ C$5.00
i
10/24/2016TD SecuritiesReiterated RatingBuyC$5.50
i
10/21/2016ScotiabankReiterated RatingSector PerformC$5.50
i
10/20/2016Royal Bank of CanadaReiterated RatingSector Perform
i
10/13/2016Royal Bank of CanadaReiterated RatingSector PerformC$5.00
i
8/17/2016Canaccord GenuityReiterated RatingHoldC$4.50
i
8/4/2016TD SecuritiesReiterated RatingBuyC$5.50
i
8/4/2016ScotiabankReiterated RatingSector PerformC$5.50
i
8/3/2016CIBCBoost Price TargetC$4.50 ➝ C$5.00
i
7/19/2016ScotiabankReiterated RatingSector PerformC$5.00
i
7/18/2016Royal Bank of CanadaReiterated RatingSector PerformC$5.00
i
(Data available from 6/14/2016 forward)
Turquoise Hill Resources logo
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It develops and operates 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. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.
Read More

Today's Range

Now: C$20.78
C$20.74
C$21.07

50 Day Range

MA: C$22.03
C$19.86
C$25.65

52 Week Range

Now: C$20.78
C$8.60
C$26.45

Volume

193,036 shs

Average Volume

357,437 shs

Market Capitalization

C$4.18 billion

P/E Ratio

5.79

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, Credit Suisse Group AG, CSFB, Eight Capital, 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?

6 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$1.77, suggesting a possible downside of 91.5%. Eight Capital has the highest price target set, predicting TRQ will reach C$2.25 in the next twelve months. CSFB has the lowest price target set, forecasting a price of C$1.20 for Turquoise Hill Resources in the next year.
View the latest price targets for TRQ.

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

Turquoise Hill Resources currently has 4 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TRQ, but not buy more shares or sell existing shares.
View the latest ratings for TRQ.

What other companies compete with Turquoise Hill Resources?

Other companies that are similar to Turquoise Hill Resources include Lundin Mining, Katanga Mining Limited (KAT.TO), Aurubis, Ero Copper, Hudbay Minerals, Capstone Mining, Nevsun Resources, Nevsun Resources, Copper Mountain Mining, Atalaya Mining, Imperial Metals, Nevada Copper, Atalaya Mining, Western Copper and Gold and Amerigo Resources.

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.