AuRico Gold Price Target Raised to C$5.50 at BMO Capital Markets (AUQ)
Stock analysts at BMO Capital Markets boosted their price objective on shares of AuRico Gold (TSE:AUQ) from C$4.75 to C$5.50 in a report issued on Friday, Analyst Ratings Net reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 9.78% from the stock’s previous close.
A number of other firms have also recently commented on AUQ. Analysts at Canaccord Genuity raised their price target on shares of AuRico Gold from C$6.25 to C$6.75 in a research note to investors on Monday, January 20th. They now have a “buy” rating on the stock. Separately, analysts at Desjardins cut their price target on shares of AuRico Gold from C$7.00 to C$6.75 in a research note to investors on Monday, November 11th. They now have a “buy” rating on the stock. Finally, analysts at CIBC reiterated a “sector perform” rating on shares of AuRico Gold in a research note to investors on Monday, November 11th. They now have a C$6.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of C$5.75.
AuRico Gold (TSE:AUQ) traded up 4.79% on Friday, hitting $5.25. 735,205 shares of the company’s stock traded hands. AuRico Gold has a 1-year low of $3.56 and a 1-year high of $7.32. The stock has a 50-day moving average of $4.57 and a 200-day moving average of $4.39.
AuRico Gold Inc is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties.
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