TSE:TRQ

Turquoise Hill Resources (TRQ) Price Target & Analyst Ratings

Today's Range: N/A
50-Day Range: C$42.41
▼
C$43.01
52-Week Range: N/A

Volume: 1.03 million shs
Average Volume: 516,789 shs
Market Capitalization: C$8.65 billion

P/E Ratio: 11.84
Dividend Yield: N/A
Price Target: C$36.50

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Turquoise Hill Resources Consensus Rating and Price Target (2023)

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 Analyst Rating

Hold
Based on 2 Analyst Ratings

Consensus Analyst Price Target

C$36.50

High Prediction	C$43.00
Average Prediction	C$36.50
Low Prediction	C$30.00

Type	Current 6/3/22 to 6/3/23	1 Month Ago 5/4/22 to 5/4/23	3 Months Ago 3/5/22 to 3/5/23	1 Year Ago 6/3/21 to 6/3/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$36.50	C$40.33	C$38.75	C$38.00
Predicted Upside	N/A	8.05% Upside	6.11% Upside	21.85% Upside

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TRQ Analyst Ratings 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.

TRQ 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.

Turquoise Hill Resources Stock vs. The Competition

Type	Turquoise Hill Resources	Basic Materials Companies
Consensus Rating Score	2.00	2.57
Consensus Rating	Hold	Buy
News Sentiment Rating	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
10/13/2022	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Orest Wowkodaw Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	C$42.00 ➝ C$43.00	+5.60%
8/25/2022	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Craig Hutchison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$34.00 ➝ C$30.00	-19.53%

(Data available from 6/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

TRQ Price Target - Frequently Asked Questions

What is Turquoise Hill Resources's consensus rating and price target?: According to the issued ratings of 2 analysts in the last year, the consensus rating for Turquoise Hill Resources stock is Hold based on the current 2 hold ratings for TRQ. The average twelve-month price prediction for Turquoise Hill Resources is C$36.50 with a high price target of C$43.00 and a low price target of C$30.00. Learn more on TRQ's analyst rating history.
Do Wall Street analysts like Turquoise Hill Resources more than its competitors?: Analysts like Turquoise Hill Resources less than other Basic Materials companies. The consensus rating for Turquoise Hill Resources is Hold while the average consensus rating for basic materials companies is Buy. Learn more on how TRQ compares to other companies.
Does Turquoise Hill Resources's stock price have much downside?: According to analysts, Turquoise Hill Resources's stock has a predicted downside of -6.41% based on their 12-month price targets.

Stock Ratings Reports and Tools

This page (TSE:TRQ) was last updated on 6/3/2023 by MarketBeat.com Staff

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