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Roxgold (CVE:ROG) was upgraded by stock analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a report issued on Monday, Analyst RN reports. The firm currently has a C$1.20 price objective on the stock, up from their previous price objective of C$1.00. Raymond James’ target price indicates a potential upside of 100.00% from the company’s current price.

A number of other firms have also recently commented on ROG. Analysts at RBC Capital initiated coverage on shares of Roxgold in a research note to investors on Tuesday, January 28th. They set an “outperform” rating and a C$0.75 price target on the stock. Separately, analysts at Haywood Securities initiated coverage on shares of Roxgold in a research note to investors on Monday, January 27th. They set a “buy” rating and a C$1.05 price target on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of Roxgold in a research note to investors on Thursday, November 28th. They set an “outperform” rating on the stock.

Roxgold Inc develops, acquires, and explores mineral products and concessions. The Company’s properties include the Solna property located in the Province of Yahga; the Bissa West property located in the Province of Passor; and the Yaramoko property located in the Province of Basle.

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