Detour Gold Now Covered by Scotiabank (DGC)
Equities researchers at Scotiabank began coverage on shares of Detour Gold (TSE:DGC) in a research report issued on Monday, American Banking and Market News reports. The firm set an “outperform” rating and a C$10.00 price target on the stock. Scotiabank’s price target indicates a potential upside of 39.66% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Desjardins upgraded shares of Detour Gold to a “buy” rating in a research note to investors on Wednesday, January 29th. Separately, analysts at RBC Capital raised their price target on shares of Detour Gold from C$6.50 to C$8.50 in a research note to investors on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$9.36.
Detour Gold Corporation is a Canadian gold exploration and development company. The Company is engaged in the acquisition, exploration and development of mineral properties.
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