Taseko Mines (TKO) PT Raised to C$3.25 at BMO Capital Markets

Taseko Mines (TSE:TKO) (NYSE:TGB) had its price target hoisted by equities research analysts at BMO Capital Markets from C$2.60 to C$3.25 in a research note issued to investors on Monday. BMO Capital Markets’ price objective indicates a potential upside of 18.61% from the company’s current price.

A number of other brokerages have also recently commented on TKO. Scotiabank restated an “underperform” rating and set a C$1.50 price target on shares of Taseko Mines in a research note on Monday, October 30th. TD Securities raised their price target on shares of Taseko Mines from C$1.90 to C$2.25 in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Taseko Mines currently has an average rating of “Hold” and an average target price of C$2.17.

Taseko Mines (TSE:TKO) opened at C$2.74 on Monday. Taseko Mines has a one year low of C$1.01 and a one year high of C$2.96.

In other news, insider Scott Jones sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of C$2.55, for a total transaction of C$63,750.00. Also, Director Russell Edward Hallbauer sold 88,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of C$2.95, for a total transaction of C$259,600.00. In the last 90 days, insiders have sold 289,800 shares of company stock valued at $819,280.

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About Taseko Mines

Taseko Mines Limited is a mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada and the State of Arizona, the United States. Its projects represent a range of metals, including gold, copper and niobium.

Analyst Recommendations for Taseko Mines (TSE:TKO)

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