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Equities researchers at Numis Securities Ltd lifted their price target on shares of African Barrick Gold PLC (LON:ABG) from GBX 130 ($2.13) to GBX 170 ($2.79) in a research report issued on Thursday, AnalystRatings.Net reports. The firm currently has a “sell” rating on the stock. Numis Securities Ltd’s price objective indicates a potential downside of 37.71% from the company’s current price.

A number of other analysts have also recently weighed in on ABG. Analysts at Barclays reiterated an “underweight” rating on shares of African Barrick Gold PLC in a research note on Thursday. They now have a GBX 200 ($3.28) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of African Barrick Gold PLC from GBX 190 ($3.12) to GBX 240 ($3.94) in a research note on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Beaufort Securities reiterated a “sell” rating on shares of African Barrick Gold PLC in a research note on Thursday. Ten research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. African Barrick Gold PLC has a consensus rating of “Hold” and a consensus target price of GBX 199.03 ($3.27).

African Barrick Gold PLC (LON:ABG) traded up 8.29% during mid-day trading on Thursday, hitting GBX 272.90. 2,488,597 shares of the company’s stock traded hands. African Barrick Gold PLC has a one year low of GBX 93.50 and a one year high of GBX 306.496. The stock’s 50-day moving average is GBX 208.6 and its 200-day moving average is GBX 174.4. The company’s market cap is £1.119 billion.

African Barrick Gold plc (LON:ABG) is a United Kingdom-based company.

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