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Taseko Mines (TGB) Stock Forecast & Price Target

$2.29
-0.10 (-4.18%)
(As of 02:26 PM ET)

Taseko Mines - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 3 Wall Street analysts who have issued ratings for Taseko Mines in the last 12 months, the stock has a consensus rating of "Buy." Out of the 3 analysts, 2 have given a buy rating, and 1 has given a strong buy rating for TGB.

Consensus Price Target

$3.50
52.84% Upside
High Forecast$3.50
Average Forecast$3.50
Low Forecast$3.50

According to the 3 analysts' twelve-month price targets for Taseko Mines, the average price target is $3.50. The highest price target for TGB is $3.50, while the lowest price target for TGB is $3.50. The average price target represents a forecasted upside of 52.84% from the current price of $2.29.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$3.50$3.50$3.50N/A
Forecasted Upside52.84% Upside66.68% Upside66.68% UpsideN/A
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TGB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TGB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Taseko Mines Stock vs. The Competition

TypeTaseko MinesBasic Materials CompaniesS&P 500
Consensus Rating Score
3.33
2.63
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside52.84% Upside367.51% Upside7.80% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/13/2024Cantor Fitzgerald
3 of 5 stars
M. Kozak
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UpgradeStrong-Buy
3/26/2024TD Securities
4 of 5 stars
 Boost TargetBuy ➝ Buy$3.25 ➝ $3.50+66.68%
3/26/2024Stifel Nicolaus
4 of 5 stars
 Initiated CoverageBuy
8/9/2023Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$2.25 ➝ C$2.00
2/27/2023National Bank Financial
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 Boost TargetC$2.50 ➝ C$2.75
2/6/2023BMO Capital Markets
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 Boost TargetC$2.50 ➝ C$2.75
11/22/2022Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:50 PM ET.

TGB Forecast - Frequently Asked Questions

What is Taseko Mines' forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Taseko Mines is $3.50, with a high forecast of $3.50 and a low forecast of $3.50.

Should I buy or sell Taseko Mines stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taseko Mines in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TGB shares.

Does Taseko Mines's stock price have much upside?

According to analysts, Taseko Mines's stock has a predicted upside of 66.68% based on their 12-month stock forecasts.

Has Taseko Mines been upgraded by Wall Street analysts recently?

Over the previous 90 days, Taseko Mines's stock had 1 upgrade by analysts.

What analysts cover Taseko Mines?

Taseko Mines has been rated by research analysts at Cantor Fitzgerald in the past 90 days.

Do Wall Street analysts like Taseko Mines more than its competitors?

Analysts like Taseko Mines more than other "basic materials" companies. The consensus rating for Taseko Mines is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how TGB compares to other companies.


This page (NYSE:TGB) was last updated on 7/17/2024 by MarketBeat.com Staff

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