Toronto: Tahoe Resources Inc (TSE:THO) Stock Has Just Had Its Outperform Rating Reiterated by RBC Capital Markets. Shares now Have a $17.00 Target

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Tahoe Resources Inc (TSE:THO) Rating Reaffirmed

RBC Capital Markets now has a $17.00 Estimated Target Price on the $2.78 billion market cap company or 39.23% upside potential. In an interesting research report finalized on 26 November, Tahoe Resources Inc (TSE:THO) shares have had their Outperform Rating reaffirmed by research professionals at RBC Capital Markets.

Approximately 45,215 shares of stock traded hands. Tahoe Resources Inc (TSE:THO) has declined 17.78% since April 23, 2015 and is downtrending. It has underperformed by 16.42% the S&P500.

Toronto: Tahoe Resources Inc (TSE:THO) Stock Has Just Had Its Outperform Rating Reiterated by RBC Capital Markets. Shares now Have a $17.00 Target

Analysts await Thor Industries, Inc. (NYSE:THO) to reports earnings on December, 7. They expect $0.84 EPS, up 15.07% or $0.11 from last year’s $0.73 per share. THO’s profit will be $44.10M for 17.01 P/E if the $0.84 EPS becomes reality. After $1.31 actual EPS reported by Thor Industries, Inc. for the previous quarter, Wall Street now forecasts -35.88% negative EPS growth.

Tahoe Resources Inc. is a mineral exploration, development and mine operating company. The company has a market cap of $2.78 billion. The Company’s principal business activity is to operate the Escobal mine, a mining operation in southeastern Guatemala. It has 38.18 P/E ratio. The Escobal deposit is an intermediate-sulfidation fault-related vein formed within Tertiary sedimentary and volcanic rocks within the Caribbean plate.

According to Zacks Investment Research, “Thor Industries manufactures a wide range of recreational vehicles (RVs) at various manufacturing facilities located in Indiana and Ohio and sold through independent dealers in the U.S. and Canada.” Get a free copy of the Zacks research report on Tahoe Resources Inc (THO)

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