African Barrick Gold PLC Stock Rating Reaffirmed by Beaufort Securities (ABG)
African Barrick Gold PLC (LON:ABG)‘s stock had its “sell” rating reaffirmed by analysts at Beaufort Securities in a research report issued to clients and investors on Thursday, StockRatingsNetwork.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of African Barrick Gold PLC from GBX 200 ($3.28) to GBX 270 ($4.43) in a research note on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Westhouse Securities upgraded shares of African Barrick Gold PLC to a “neutral” rating in a research note on Wednesday. They now have a GBX 225 ($3.69) price target on the stock, up previously from GBX 160 ($2.63). Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of African Barrick Gold PLC in a research note on Wednesday. They now have a GBX 205 ($3.36) price target on the stock. Ten investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. African Barrick Gold PLC presently has an average rating of “Hold” and an average target price of GBX 199.03 ($3.27).
Shares of African Barrick Gold PLC (LON:ABG) traded up 8.29% 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 315.00. The stock has a 50-day moving average of GBX 208.6 and a 200-day moving average of 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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