Roxgold Price Target Raised to C$0.90 at RBC Capital (ROG)
Investment analysts at RBC Capital upped their price target on shares of Roxgold (CVE:ROG) from C$0.75 to C$0.90 in a note issued to investors on Thursday, Analyst Ratings Network.com reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target points to a potential upside of 45.16% from the company’s current price.
A number of other firms have also recently commented on ROG. Analysts at Raymond James upgraded shares of Roxgold from an “outperform” rating to a “strong-buy” rating in a research note on Monday, February 3rd. They now have a C$1.20 price target on the stock, up previously from C$1.00. Separately, analysts at Haywood Securities initiated coverage on shares of Roxgold in a research note on Monday, January 27th. They set a “buy” rating and a C$1.05 price target on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of Roxgold in a research note on Thursday, November 28th. They set an “outperform” rating on the stock.
Roxgold Inc develops, acquires, and explores mineral products and concessions. The Company’s properties include the Solna property located in the Province of Yahga; the Bissa West property located in the Province of Passor; and the Yaramoko property located in the Province of Basle.
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