Tahoe Resources Inc. (TAHO) Forms $4.64 Double Bottom; MFS High Income Municipal Trust Has 0.9 Sentiment

The stock increased 0.19% or $0.01 during the last trading session, reaching $5.25. About 81,486 shares traded. MFS High Income Municipal Trust (CXE) has declined 3.58% since January 19, 2017 and is downtrending. It has underperformed by 20.28% the S&P500.

Tahoe Resources Inc. (TAHO) formed double bottom with $4.22 target or 9.00% below today’s $4.64 share price. Tahoe Resources Inc. (TAHO) has $1.42B valuation. The stock decreased 1.69% or $0.08 during the last trading session, reaching $4.64. About 2.56 million shares traded or 8.82% up from the average. Tahoe Resources Inc. (NYSE:TAHO) has declined 23.51% since January 19, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

Among 9 analysts covering Tahoe Resources (NYSE:TAHO), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Tahoe Resources has $19 highest and $9.50 lowest target. $14.25’s average target is 207.11% above currents $4.64 stock price. Tahoe Resources had 17 analyst reports since October 8, 2015 according to SRatingsIntel. The stock has “Hold” rating by TD Securities on Thursday, July 6. As per Wednesday, August 31, the company rating was initiated by Desjardins Securities. Bank of America initiated the shares of TAHO in report on Friday, April 15 with “Buy” rating. Raymond James downgraded the stock to “Outperform” rating in Wednesday, April 20 report. The firm earned “Neutral” rating on Friday, July 7 by Macquarie Research. The stock has “Sector Outperform” rating by IBC on Thursday, October 8. The stock of Tahoe Resources Inc. (NYSE:TAHO) earned “Overweight” rating by JP Morgan on Friday, December 11. RBC Capital Markets upgraded Tahoe Resources Inc. (NYSE:TAHO) rating on Monday, December 12. RBC Capital Markets has “Outperform” rating and $19 target. The rating was upgraded by Credit Suisse to “Buy” on Monday, September 11. Raymond James downgraded the stock to “Outperform” rating in Friday, June 23 report.

Horizon Kinetics Llc holds 0.09% of its portfolio in MFS High Income Municipal Trust for 559,361 shares. Mackay Shields Llc owns 303,705 shares or 0.06% of their US portfolio. Moreover, Robinson Capital Management Llc has 0.06% invested in the company for 24,179 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.02% in the stock. Laurion Capital Management Lp, a New York-based fund reported 307,684 shares.