TSE:TRQ - Turquoise Hill Resources Ltd. (TRQ.TO) Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$1.64
  • Forecasted Upside: -87.44 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$13.02
▲ +0.07 (0.54%)
1 month | 3 months | 12 months
Get New Turquoise Hill Resources Ltd. (TRQ.TO) Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for TRQ and its competitors with Analyst Ratings Network’s free daily newsletter.

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$1.64
▼ -87.44% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Turquoise Hill Resources Ltd. (TRQ.TO) in the last 3 months. The average price target is C$1.64, with a high forecast of C$2.25 and a low forecast of C$0.85. The average price target represents a -87.44% upside from the last price of C$13.02.
Hold
The current consensus among 5 investment analysts is to hold stock in Turquoise Hill Resources Ltd. (TRQ.TO). This rating has held steady since July 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/8/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/6/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/5/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/4/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/2/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/31/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/29/2020

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
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
4/22/2016CIBCInitiated CoverageSector PerformC$4.50
i
3/21/2016ScotiabankReiterated RatingSector PerformC$5.25
i
1/8/2016CIBCBoost Price TargetC$4.00 ➝ C$4.50
i
12/16/2015ScotiabankLower Price TargetSector PerformC$5.50 ➝ C$5.25
i
12/11/2015TD SecuritiesUpgradeHold ➝ BuyC$5.50
i
(Data available from 11/29/2015 forward)
Turquoise Hill Resources Ltd. (TRQ.TO) logo
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It primarily develops and operates the Oyu Tolgoi mine located in the 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 founded 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$13.02
C$12.79
C$13.26

50 Day Range

MA: C$7.88
C$1.02
C$13.93

52 Week Range

Now: C$13.02
C$4.30
C$15.60

Volume

131,562 shs

Average Volume

94,708 shs

Market Capitalization

C$2.62 billion

P/E Ratio

7.29

Dividend Yield

N/A

Beta

N/A