OTCMKTS:TGCDF - Teranga Gold Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $17.75
  • Forecasted Upside: 80.72 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 6 Buy Ratings
  • 1 Strong Buy Ratings
$9.82
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for TGCDF

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.
$17.75
▲ +80.72% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Teranga Gold in the last 3 months. The average price target is $17.75, with a high forecast of $20.00 and a low forecast of $7.00. The average price target represents a 80.72% upside from the last price of $9.82.
Buy
The current consensus among 7 polled investment analysts is to buy stock in Teranga Gold.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/30/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/24/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/22/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/21/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/20/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
11/12/2020CIBCLower Price TargetOutperform$22.50 ➝ $20.00
i
Rating by Bryce Adams at CIBC
9/23/2020Raymond JamesUpgradeOutperform ➝ Strong-Buy
i
9/16/2020CIBCBoost Price TargetOutperform$19.00 ➝ $22.50
i
Rating by Bryce Adams at CIBC
9/8/2020DesjardinsInitiated CoverageBuy
i
8/11/2020Royal Bank of CanadaBoost Price TargetOutperform$13.00 ➝ $20.00
i
8/7/2020Stifel NicolausBoost Price TargetBuy$18.00 ➝ $20.00
i
Rating by Tyron Breytenbach at Stifel Nicolaus
7/28/2020Raymond JamesBoost Price TargetOutperform$17.25 ➝ $19.50
i
7/28/2020CIBCBoost Price TargetOutperform$18.00 ➝ $19.00
i
Rating by Bryce Adams at CIBC
7/28/2020National Bank FinancialUpgradeSector Perform ➝ Outperform$20.00
i
7/24/2020Canaccord GenuityReiterated RatingBuy$17.50 ➝ $7.00
i
7/16/2020Stifel NicolausInitiated CoverageBuy$18.00
i
7/8/2020CIBCInitiated CoverageOutperform$18.00
i
4/8/2020Canaccord GenuityReiterated RatingBuy$12.00
i
12/17/2018BMO Capital MarketsReiterated RatingBuy
i
Rating by Andrew Kaip at BMO Capital Markets
(Data available from 1/20/2016 forward)
Teranga Gold logo
Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. The company's flagship project is the Sabodala gold mine covering an area of 291 square kilometers mine license and 629 square kilometers exploration land package located in the Republic of Senegal. The company was incorporated in 2010 and is headquartered in Toronto, Canada.
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Today's Range

Now: $9.82
$9.40
$10.14

50 Day Range

MA: $10.94
$9.82
$12.01

52 Week Range

Now: $9.82
$2.84
$12.82

Volume

18,368 shs

Average Volume

23,957 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Teranga Gold?

The following Wall Street research analysts have issued reports on Teranga Gold in the last twelve months: Canaccord Genuity, CIBC, Desjardins, National Bank Financial, Raymond James, Royal Bank of Canada, and Stifel Nicolaus.

What is the current price target for Teranga Gold?

6 Wall Street analysts have set twelve-month price targets for Teranga Gold in the last year. Their average twelve-month price target is $17.75, suggesting a possible upside of 75.7%. Stifel Nicolaus has the highest price target set, predicting TGCDF will reach $20.00 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of $7.00 for Teranga Gold in the next year.

What is the current consensus analyst rating for Teranga Gold?

Teranga Gold currently has 6 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TGCDF will outperform the market and that investors should add to their positions of Teranga Gold.

What other companies compete with Teranga Gold?

How do I contact Teranga Gold's investor relations team?

The company's listed phone number is 416-594-0000. The official website for Teranga Gold is www.terangagold.com.