Randgold Resources Ltd Stock Rating Reaffirmed by Liberum Capital (RRS)
Randgold Resources Ltd (LON:RRS)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research report issued on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 5,410 ($86.66) target price on the stock. Liberum Capital’s price target points to a potential upside of 17.07% from the company’s current price.
A number of other firms have also recently commented on RRS. Analysts at Citigroup Inc. raised their price target on shares of Randgold Resources Ltd (LON:RRS) from GBX 4,550 ($72.88) to GBX 4,733 ($75.81) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Clarus Securities reiterated a “buy” rating on shares of Randgold Resources Ltd (LON:RRS) in a research note to investors on Monday, September 16th. They now have a GBX 6,271.95 ($100.46) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Randgold Resources Ltd (LON:RRS) in a research note to investors on Thursday, September 12th. They now have a GBX 6,130 ($98.19) price target on the stock.
Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 4,495.12 ($72.00).
Randgold Resources Ltd (LON:RRS) traded down 3.05% on Tuesday, hitting GBX 4480.00. The stock had a trading volume of 459,405 shares. Randgold Resources Ltd has a 1-year low of GBX 3934.00 and a 1-year high of GBX 7891.8677. The stock’s 50-day moving average is GBX 4854.49 and its 200-day moving average is GBX 4916.68. The company’s market cap is £4.131 billion.
Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa.
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