Turquoise Hill Resources Ltd. (TRQ) Social Stream



Turquoise Hill Resources Ltd. (TRQ): $31.25

-0.19 (-0.60%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

TURQUOISE HILL RESOURCES LTD (TRQ) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering TURQUOISE HILL RESOURCES LTD.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-04 3 $15.96 $12 $13.98 $31.69 -55.89%
2022-04-13 4 $42 $12 $27 $31.69 -14.8%
2022-04-19 4 $33.97 $12 $22.985 $31.69 -27.47%
2022-04-21 4 $34.26 $12 $26.743 $31.69 -15.61%
2022-05-11 5 $45 $12 $31.307 $31.69 -1.21%
2022-05-13 5 $45 $12 $31.96 $31.69 0.85%
2022-07-08 5 $45 $12 $31.575 $31.69 -0.36%
2022-08-08 5 $42 $12 $30.825 $31.69 -2.73%
2022-08-09 5 $36.96 $12 $28.74 $31.69 -9.31%
2022-08-16 5 $36.96 $12 $28.116 $31.69 -11.28%
2022-08-25 4 $36.96 $30.8 $33.215 $31.69 4.81%

The Trend in the Analyst Price Target


Over the past 27 months, TRQ's average price target has gone up $27.87.

TRQ reports an average of 7.03% for its upside potential over the past 134 days.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-04-13 4 42.00 12 27.000 30.69 -12.02%
2022-04-19 4 33.97 12 22.985 29.66 -22.51%
2022-04-21 5 34.26 12 26.743 28.88 -7.4%
2022-08-08 5 42.00 12 30.825 25.23 22.18%
2022-08-25 5 36.96 12 28.972 29.03 -0.2%

TRQ Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
3 0 0 4 0 0 4

The Trend in the Broker Recommendations


Over the past 92 days, TRQ's average broker recommendation rating worsened by 0.6.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • To contextualize these metrics, consider that out of all US stocks, TURQUOISE HILL RESOURCES LTD's upside potential (average analyst target price relative to current price) is higher than 104.25% of them.
  • TURQUOISE HILL RESOURCES LTD's number of analysts covering the stock is greater than 69.76% of stocks in the large market cap category.
  • TRQ has a lower variance in analysts' estimates than -1051.71% of Basic Materials stocks.
  • In terms of how TURQUOISE HILL RESOURCES LTD fares relative to stocks in the large market cap category, note that its average analyst price target is greater than 209.38% of that group.

In the Non-Metallic and Industrial Metal Mining industry, CCJ, SLCA, and IPI are the three stocks most similar to TURQUOISE HILL RESOURCES LTD regarding the price target and analyst recommendation information presented here.

What is the outlook for TRQ? Use POWR Ratings for clearer insight into price direction.


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