Alamos Gold Receives Average Recommendation of “Buy” from Analysts (NYSE:AGI)
Shares of Alamos Gold (NYSE:AGI) have been given a consensus recommendation of “Buy” by the thirteen brokerages that are presently covering the company, Stock Ratings Network.com reports. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $17.64.
Shares of Alamos Gold (NYSE:AGI) traded up 0.10% on Friday, hitting $9.98. The stock had a trading volume of 237,301 shares. Alamos Gold has a 1-year low of $8.87 and a 1-year high of $17.38. The stock’s 50-day moving average is $10.39 and its 200-day moving average is $13.42. The company has a market cap of $1.275 billion and a P/E ratio of 15.27.
Alamos Gold (NYSE:AGI) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.09. The company had revenue of $53.83 million for the quarter, compared to the consensus estimate of $53.72 million. On average, analysts predict that Alamos Gold will post $0.54 earnings per share for the current fiscal year.
A number of research firms have recently commented on AGI. Analysts at TD Securities upgraded shares of Alamos Gold from a “hold” rating to a “buy” rating in a research note on Friday. Separately, analysts at RBC Capital upgraded shares of Alamos Gold from a “sector perform” rating to an “outperform” rating in a research note on Monday, January 27th. They now have a $13.00 price target on the stock, down previously from $15.00. Finally, analysts at Scotiabank downgraded shares of Alamos Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, January 24th.
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