African Barrick Gold Plc Given Underweight Rating at Barclays (ABGLF)
African Barrick Gold Plc (PINK:ABGLF)‘s stock had its “underweight” rating reiterated by investment analysts at Barclays in a note issued to investors on Thursday, Analyst Ratings.Net reports.
A number of other analysts have also recently weighed in on ABGLF. Analysts at Westhouse Securities reiterated a “sell” rating on shares of African Barrick Gold Plc in a research note on Wednesday. Separately, analysts at Investec reiterated a “sell” rating on shares of African Barrick Gold Plc in a research note on Wednesday. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of African Barrick Gold Plc in a research note on Wednesday. Seven research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $174.50.
Shares of African Barrick Gold Plc (PINK:ABGLF) remained flat at $3.55 during trading on Thursday. African Barrick Gold Plc has a 52-week low of $1.58 and a 52-week high of $5.68. The stock has a 50-day moving average of $3.30 and a 200-day moving average of $2.70. The company’s market cap is $1.456 billion.
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