Beaufort Securities Reiterates Sell Rating for African Barrick Gold Plc (ABGLF)
African Barrick Gold Plc (PINK:ABGLF)‘s stock had its “sell” rating reaffirmed by Beaufort Securities in a research note issued on Thursday, American Banking News reports.
African Barrick Gold Plc (PINK:ABGLF) remained flat at $3.55 during trading on Thursday. African Barrick Gold Plc has a one year low of $1.58 and a one year high of $5.68. The stock has a 50-day moving average of $3.27 and a 200-day moving average of $2.69. The company’s market cap is $1.456 billion.
ABGLF has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “underweight” rating on shares of African Barrick Gold Plc in a research note on Thursday. Separately, analysts at Westhouse Securities reiterated a “sell” rating on shares of African Barrick Gold Plc in a research note on Wednesday. Finally, analysts at Investec reiterated a “sell” rating on shares of African Barrick Gold Plc in a research note on Wednesday. Seven investment 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. African Barrick Gold Plc has a consensus rating of “Hold” and a consensus target price of $174.50.
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