TD Securities Raises Capstone Copper (TSE:CS) Price Target to C$14.00

Capstone Copper (TSE:CS) had its price objective raised by research analysts at TD Securities from C$10.00 to C$14.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. TD Securities’ target price would suggest a potential upside of 26.01% from the company’s previous close.

A number of other brokerages have also commented on CS. Jefferies Financial Group set a C$15.00 price target on Capstone Copper in a research note on Monday, October 6th. CIBC increased their price target on Capstone Copper from C$11.50 to C$16.50 in a research note on Friday, October 10th. BMO Capital Markets increased their price target on Capstone Copper from C$13.00 to C$14.00 in a research note on Wednesday, October 15th. Scotiabank increased their price target on Capstone Copper from C$11.50 to C$16.00 and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Finally, National Bankshares increased their price target on Capstone Copper from C$12.00 to C$15.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$14.70.

Capstone Copper Stock Performance

TSE CS opened at C$11.11 on Tuesday. The firm has a market cap of C$8.47 billion, a price-to-earnings ratio of 111.10, a price-to-earnings-growth ratio of -0.09 and a beta of 2.53. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The business has a 50-day moving average price of C$10.77 and a 200-day moving average price of C$8.57. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$13.80.

About Capstone Copper

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.