CIBC downgraded shares of Thompson Creek Metals (NYSE: TC) to an underperform rating in a research note released on Tuesday morning.
Thompson Creek Metals opened at 3.57 on Tuesday. Thompson Creek Metals has a 1-year low of $2.25 and a 1-year high of $7.48. The stock’s 50-day moving average is currently $3.99. The company’s market cap is $602.1 million.
A number of other firms have also recently commented on TC. Analysts at JPMorgan Chase cut their price target on shares of Thompson Creek Metals to $5.00 in a research note to investors on Tuesday. Separately, analysts at TD Securities downgraded shares of Thompson Creek Metals from a hold rating to a reduce rating in a research note to investors on Tuesday. Finally, analysts at Canaccord Genuity downgraded shares of Thompson Creek Metals from a buy rating to a hold rating in a research note to investors on Monday, January 14th.
Three analysts have rated the stock with a buy rating, nine have given a hold rating, one has given an underweight rating, and two have assigned a sell rating to the company’s stock. The company presently has a consensus rating of hold and an average target price of $4.41.
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