Turquoise Hill Resources Ltd (TRQ)
NYSE:TRQ

Turquoise Hill Resources (TRQ) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

TRQ Analyst Ratings

Hold
2Ratings
0 Buy
2 Hold
0 Sell
Based on 2 analysts giving stock ratings to
Turquoise
Hill Resources
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

TRQ Stock 12 Months Forecast

Average Price Target

$32.09
▲(2.07% Upside)
Based on 2 Wall Street analysts offering 12 month price targets for Turquoise Hill Resources in the last 3 months. The average price target is $32.09 with a high forecast of $32.09 and a low forecast of $32.09. The average price target represents a 2.07% change from the last price of $31.44.
Highest Price Target$32.09Average Price Target$32.09Lowest Price Target$32.09
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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TD Securities
$22.39
Hold
-28.80%
Downside
Reiterated
Turquoise Hill price target raised to C$40 from C$34 at TD SecuritiesTurquoise Hill price target raised to C$40 from C$34 at TD Securities
Eight Capital
$35.82
Buy
13.92%
Upside
Reiterated
Macquarie
$31.34
Buy
-0.32%
Downside
Reiterated
Macquarie Reiterates Outperform Rating on Turquoise Hill Resources (TRQ:CN) (TRQ)Macquarie analyst Hayden Bairstow reiterated an Outperform rating and Cdn$42.00 price target on Turquoise Hill Resources (TRQ:CN) (NYSE: TRQ).
BMO Capital
$25.37
Hold
-19.31%
Downside
Upgraded
Tuesdays analyst upgrades and downgrades - The Globe and Mail* Following Rio Tinto Groups US$2.7-million proposal to buy the 49 per cent it doesnt already own, BMO Nesbitt Burns analyst Jackie Przybylowski upgraded Turquoise Hill Resources Ltd. (TRQ-T) to market perform from underperform with a $34 target, up from $20 and above the $32.33 average.
RBC Capital
$23.88
Hold
-24.05%
Downside
Reiterated
Turquoise Hill Resources (TRQ:CN) (TRQ) PT Raised to Cdn$32 at RBC CapitalRBC Capital analyst Sam Crittenden raised the price target on Turquoise Hill Resources (TRQ:CN) (NYSE: TRQ) to Cdn$32.00 (from Cdn$25.00) while maintaining a Sector Perform rating.
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TRQ Financial Forecast

TRQ Earnings Forecast
Next quarter’s earnings estimate for TRQ is >-$0.01 with a range of -$0.14 to $0.12. The previous quarter’s EPS was $0.23. TRQ beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 51.92% of the time in the same period. In the last calendar year TRQ has Outperformed its overall industry.
Next quarter’s earnings estimate for TRQ is >-$0.01 with a range of -$0.14 to $0.12. The previous quarter’s EPS was $0.23. TRQ beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 51.92% of the time in the same period. In the last calendar year TRQ has Outperformed its overall industry.
TRQ Sales Forecast
Next quarter’s sales forecast for TRQ is $257.82M with a range of $212.75M to $302.88M. The previous quarter’s sales results were $379.46M. TRQ beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 54.99% of the time in the same period. In the last calendar year TRQ has Underperformed its overall industry.
Next quarter’s sales forecast for TRQ is $257.82M with a range of $212.75M to $302.88M. The previous quarter’s sales results were $379.46M. TRQ beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 54.99% of the time in the same period. In the last calendar year TRQ has Underperformed its overall industry.
TRQ Analyst Recommendation Trends
In the current month, TRQ has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The TRQ average analyst price target in the past 3 months is $32.09
In the current month, TRQ has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The TRQ average analyst price target in the past 3 months is $32.09

TRQ Stock Forecast FAQ

What is TRQ’s average 12-month price target, according to analysts?
Based on analyst ratings, Turquoise Hill Resources’s 12-month average price target is $32.09.
    What is TRQ’s upside potential, based on the analysts’ average price target?
    Turquoise Hill Resources has 2.07% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TRQ a Buy, Sell or Hold?
          Turquoise Hill Resources has a conensus rating of Hold which is based on 0 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Turquoise Hill Resources’s price target?
            The average price target for Turquoise Hill Resources is $32.09. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $32.09 ,the lowest forecast is $32.09. The average price target represents 2.07% Increase from the current price of $31.44.
              What do analysts say about Turquoise Hill Resources?
              Turquoise Hill Resources’s analyst rating consensus is a ‘Hold. This is based on the ratings of 2 Wall Streets Analysts.

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