TSE:TXG - Torex Gold Resources Inc. (TXG.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$30.19
  • Forecasted Upside: 67.71 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$18.00
▲ +0.19 (1.07%)
1 month | 3 months | 12 months
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Analyst Price Target for TXG

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$30.19
▲ +67.71% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Torex Gold Resources Inc. (TXG.TO) in the last 3 months. The average price target is C$30.19, with a high forecast of C$37.00 and a low forecast of C$17.00. The average price target represents a 67.71% upside from the last price of C$18.00.
Buy
The current consensus among 6 polled investment analysts is to buy stock in Torex Gold Resources Inc. (TXG.TO). This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/7/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/5/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/4/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/3/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/28/2020

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
11/4/2020TD SecuritiesBoost Price TargetBuyC$36.00 ➝ C$37.00
i
10/14/2020Eight CapitalBoost Price TargetC$31.00 ➝ C$36.00
i
10/13/2020ScotiabankBoost Price TargetC$33.00 ➝ C$34.00
i
10/9/2020BMO Capital MarketsBoost Price TargetC$36.00 ➝ C$37.00
i
9/3/2020ScotiabankLower Price TargetC$36.00 ➝ C$33.00
i
8/7/2020CIBCBoost Price TargetC$23.50 ➝ C$26.00
i
8/6/2020TD SecuritiesBoost Price TargetBuyC$30.00 ➝ C$32.00
i
7/21/2020Canaccord GenuityBoost Price TargetC$30.50 ➝ C$31.50
i
7/20/2020Eight CapitalBoost Price TargetC$23.50 ➝ C$25.25
i
6/24/2020TD SecuritiesReiterated RatingBuyC$30.00
i
5/20/2020Canaccord GenuityBoost Price TargetC$27.00 ➝ C$30.50
i
4/29/2020CIBCLower Price TargetC$25.00 ➝ C$23.50
i
4/24/2020BMO Capital MarketsReiterated RatingOutperformC$29.00
i
4/23/2020CIBCBoost Price TargetC$23.50 ➝ C$25.00
i
4/21/2020Eight CapitalUpgradeNeutral ➝ BuyC$22.00 ➝ C$23.50
i
4/7/2020CormarkDowngradeBuy ➝ Market PerformC$26.00 ➝ C$17.00
i
4/3/2020ScotiabankDowngradeOutperform ➝ Sector Perform
i
3/19/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$23.00
i
2/28/2020Royal Bank of CanadaBoost Price TargetSector PerformC$22.00 ➝ C$23.00
i
2/25/2020CIBCBoost Price TargetC$21.50 ➝ C$23.50
i
1/15/2020Canaccord GenuityLower Price TargetC$24.50 ➝ C$23.50
i
1/15/2020CormarkLower Price TargetC$26.00 ➝ C$25.00
i
1/13/2020ScotiabankBoost Price TargetC$24.00 ➝ C$26.00
i
10/18/2019Royal Bank of CanadaLower Price TargetC$24.00 ➝ C$22.00
i
9/25/2019CIBCReiterated RatingNeutralC$20.50
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9/5/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$19.00 ➝ C$24.00
i
6/26/2019Royal Bank of CanadaBoost Price TargetC$17.00 ➝ C$18.00
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5/9/2019Eight CapitalLower Price TargetC$19.75 ➝ C$18.50
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2/22/2019Eight CapitalBoost Price TargetC$18.00 ➝ C$19.75
i
1/11/2019Royal Bank of CanadaBoost Price TargetOutperformC$16.00 ➝ C$17.00
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1/11/2019CormarkBoost Price TargetC$17.50 ➝ C$19.50
i
1/7/2019DesjardinsReiterated RatingBuyC$20.00
i
10/4/2018Eight CapitalBoost Price TargetC$15.50 ➝ C$16.00
i
9/6/2018Eight CapitalLower Price TargetC$15.85 ➝ C$15.50
i
7/24/2018TD SecuritiesDowngradeBuy ➝ HoldC$17.00 ➝ C$13.00
i
7/24/2018Canaccord GenuityLower Price TargetC$18.00 ➝ C$15.00
i
5/10/2018Royal Bank of CanadaLower Price TargetOutperformC$19.00 ➝ C$18.00
i
4/23/2018Canaccord GenuityBoost Price TargetC$18.50 ➝ C$21.00
i
3/28/2018BMO Capital MarketsLower Price TargetC$23.00 ➝ C$19.50
i
3/28/2018TD SecuritiesLower Price TargetC$19.00 ➝ C$14.50
i
2/23/2018Eight CapitalLower Price TargetC$20.25 ➝ C$15.00
i
2/20/2018Royal Bank of CanadaLower Price TargetOutperformC$22.00 ➝ C$19.00
i
2/7/2018DesjardinsReiterated RatingBuyC$15.00
i
Rating by J. Wolfson at Desjardins
1/19/2018Canaccord GenuityLower Price TargetC$19.00 ➝ C$18.50
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1/17/2018Clarus SecuritiesReiterated RatingHold ➝ Speculative Buy
i
Rating by J. Spratt at Clarus Securities
1/9/2018ScotiabankSet Price TargetSector PerformC$15.00
i
1/9/2018BMO Capital MarketsSet Price TargetOutperformC$23.00
i
1/5/2018DesjardinsUpgradeHold ➝ BuyC$16.00 ➝ C$14.50
i
Rating by J. Wolfson at Desjardins
12/18/2017BMO Capital MarketsLower Price TargetC$35.00 ➝ C$25.00
i
12/11/2017DesjardinsReiterated RatingHold
i
Rating by J. Wolfson at Desjardins
12/4/2017Royal Bank of CanadaLower Price TargetOutperformC$28.00 ➝ C$22.00
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11/16/2017Eight CapitalReiterated RatingBuy
i
11/10/2017TD SecuritiesLower Price TargetBuyC$24.00 ➝ C$19.00
i
11/8/2017Clarus SecuritiesDowngradeBuy ➝ Hold
i
Rating by J. Spratt at Clarus Securities
11/8/2017ScotiabankLower Price TargetOutperform ➝ Sector PerformC$34.00 ➝ C$15.00
i
10/25/2017TD SecuritiesUpgradeHold ➝ BuyC$24.00
i
2/24/2017TD SecuritiesDowngradeBuy ➝ Hold
i
6/13/2016Royal Bank of CanadaBoost Price TargetOutperformC$2.25 ➝ C$2.60
i
5/3/2016Canaccord GenuityBoost Price TargetC$2.25 ➝ C$2.75
i
4/29/2016CormarkInitiated CoverageBuy
i
4/11/2016ScotiabankReiterated RatingOutperformC$2.00
i
4/11/2016Royal Bank of CanadaBoost Price TargetC$2.00 ➝ C$2.25
i
4/7/2016Canaccord GenuityBoost Price TargetC$2.00 ➝ C$2.25
i
4/1/2016TD SecuritiesBoost Price TargetSpeculative BuyC$2.25 ➝ C$2.50
i
4/1/2016Royal Bank of CanadaBoost Price TargetOutperformC$1.80 ➝ C$2.00
i
2/26/2016ScotiabankBoost Price TargetOutperformC$1.50 ➝ C$2.00
i
12/30/2015BMO Capital MarketsBoost Price TargetOutperform (Speculative)C$1.75 ➝ C$2.00
i
(Data available from 11/28/2015 forward)
Torex Gold Resources Inc. (TXG.TO) logo
Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, copper, and carbon deposits. It holds a 100% interest in the Morelos Gold property comprising the El Limón Guajes mining complex and the Media Luna deposit that consists of seven mineral concessions covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc. was founded in 1980 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$18.00
C$17.34
C$18.08

50 Day Range

MA: C$19.61
C$17.01
C$21.51

52 Week Range

Now: C$18.00
C$8.79
C$25.52

Volume

203,792 shs

Average Volume

477,044 shs

Market Capitalization

C$1.54 billion

P/E Ratio

30.35

Dividend Yield

N/A

Beta

N/A