Randgold Resources Ltd PT Raised to GBX 5,050 at Deutsche Bank (RRS)
Investment analysts at Deutsche Bank increased their price objective on shares of Randgold Resources Ltd (LON:RRS) from GBX 4,840 ($77.53) to GBX 5,050 ($80.89) in a note issued to investors on Thursday, StockRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 11.11% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Randgold Resources Ltd (LON:RRS) in a research note to investors on Tuesday. They now have a GBX 5,410 ($86.66) price target on the stock. Separately, 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. Finally, 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. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 4,501.12 ($72.10).
Randgold Resources Ltd (LON:RRS) traded down 0.11% during mid-day trading on Thursday, hitting GBX 4545.00. 313,795 shares of the company’s stock traded hands. Randgold Resources Ltd has a one year low of GBX 3934.00 and a one 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 £4.191 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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