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Turquoise Hill Resources - TRQ Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$36.50
  • Forecasted Upside: ∞
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$0.00 As of 12/20/2022 12:59 AM ET
+0 (0.00%)

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$36.50
▲ +∞ Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Turquoise Hill Resources in the last 3 months. The average price target is C$36.50, with a high forecast of C$43.00 and a low forecast of C$30.00. The average price target represents a ∞ upside from the last price of C$0.00.

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 Hold

The current consensus among 2 polled investment analysts is to hold stock in Turquoise Hill Resources. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/4/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/13/2022ScotiabankDowngradeOutperform ➝ Sector PerformC$42.00 ➝ C$43.00
8/25/2022TD SecuritiesLower TargetHoldC$34.00 ➝ C$30.00
8/16/2022TD SecuritiesLower TargetHoldC$38.00 ➝ C$34.00
8/8/2022TD SecuritiesLower TargetHoldC$40.00 ➝ C$38.00
7/7/2022ScotiabankLower TargetC$44.00 ➝ C$42.00
5/13/2022Eight CapitalBoost TargetBuyC$43.00 ➝ C$48.00
5/12/2022ScotiabankUpgradeSector Perform ➝ BuyC$43.00 ➝ C$44.00
4/21/2022Eight CapitalBoost TargetSellC$40.00 ➝ C$43.00
4/19/2022ScotiabankBoost TargetC$42.00 ➝ C$43.00
4/13/2022ScotiabankBoost TargetC$30.00 ➝ C$42.00
3/16/2022Eight CapitalBoost 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 TargetSpeculative Buy ➝ BuyC$28.00 ➝ C$32.00
3/4/2022Royal Bank of CanadaBoost TargetSector PerformC$25.00 ➝ C$32.00
3/4/2022ScotiabankBoost TargetC$26.00 ➝ C$30.00
3/3/2022Canaccord Genuity GroupBoost TargetC$28.00 ➝ C$31.00
3/3/2022Eight CapitalBoost TargetSellC$28.50 ➝ C$30.00
1/27/2022BMO Capital MarketsBoost TargetC$11.50 ➝ C$20.00
1/27/2022MacquarieUpgradeBuy
1/26/2022Royal Bank of CanadaBoost TargetSector PerformC$21.00 ➝ C$25.00
1/25/2022ScotiabankBoost 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 TargetC$13.00 ➝ C$10.50
1/10/2022Canaccord Genuity GroupUpgradeSell ➝ HoldC$12.50 ➝ C$14.00
1/5/2022TD SecuritiesBoost TargetHoldC$18.00 ➝ C$23.00
11/18/2021BMO Capital MarketsBoost TargetC$12.00 ➝ C$13.00
11/4/2021TD SecuritiesLower 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 TargetC$1.50 ➝ C$2.00
8/4/2020Credit Suisse GroupBoost TargetNeutralC$1.00 ➝ C$1.20
8/4/2020CSFBBoost TargetNeutralC$1.00 ➝ C$1.20
7/20/2020Eight CapitalUpgradeNeutral ➝ BuyC$1.80 ➝ C$2.25
7/6/2020TD SecuritiesBoost TargetSpeculative BuyC$1.70 ➝ C$1.95
5/17/2020CIBCBoost TargetC$0.80 ➝ C$0.85
4/24/2020CIBCBoost TargetC$0.70 ➝ C$0.80
4/21/2020Eight CapitalLower TargetC$2.00 ➝ C$1.80
4/1/2020CIBCLower TargetC$1.60 ➝ C$0.70
3/24/2020ScotiabankLower TargetC$2.00 ➝ C$1.75
1/23/2020CIBCUpgradeNeutral ➝ OutperformC$1.00 ➝ C$1.60
1/20/2020TD SecuritiesBoost TargetSpeculative BuyC$2.00 ➝ C$2.25
1/14/2020Credit Suisse GroupLower TargetC$1.60 ➝ C$1.00
1/14/2020CSFBLower TargetC$1.60 ➝ C$1.00
1/10/2020TD SecuritiesBoost TargetC$1.60 ➝ C$2.00
12/19/2019TD SecuritiesLower TargetSpeculative BuyC$1.75 ➝ C$1.60
11/14/2019TD SecuritiesLower TargetSpeculative BuyC$2.00 ➝ C$1.75
9/6/2019CIBCLower 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 TargetBuyC$5.00 ➝ C$4.00
4/17/2019TD SecuritiesLower TargetC$5.50 ➝ C$5.00
3/18/2019CIBCLower TargetC$4.00 ➝ C$3.50
2/28/2019TD SecuritiesLower TargetBuyC$6.00 ➝ C$5.50
1/21/2019CIBCLower TargetC$4.20 ➝ C$4.00
11/6/2018CIBCLower TargetC$5.10 ➝ C$4.20
10/17/2018TD SecuritiesLower TargetBuyC$6.00 ➝ C$5.50
9/10/2018CSFBReiterated RatingNeutralC$5.00
8/31/2018CIBCLower TargetC$5.30 ➝ C$5.10
(Data available from 6/2/2018 forward)

News Sentiment Rating

0.00 (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
  • 9 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/3/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/2/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/4/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2023

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
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. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group.
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Today's Range

Now: N/A

50 Day Range

MA: C$42.94
Low: C$42.41
High: C$43.01

52 Week Range

Now: N/A

Volume

1,027,078 shs

Average Volume

516,789 shs

Market Capitalization

C$8.65 billion

P/E Ratio

11.84

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: Scotiabank, and TD Securities.
View the latest analyst ratings for TRQ.

What is the current price target for Turquoise Hill Resources?

2 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$36.50. Scotiabank has the highest price target set, predicting TRQ will reach C$43.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$30.00 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 2 hold ratings 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), Capstone Copper, Ero Copper and Inter Pipeline. Learn More about companies similar to Turquoise Hill 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. Learn More about contacing Turquoise Hill Resources investor relations.