Share on StockTwits

Analysts at Cowen and Company increased their target price on shares of Allied Nevada Gold (AMEX:ANV) from $6.83 to $8.19 in a research report issued to clients and investors on Wednesday, reports. Cowen and Company’s price target would indicate a potential upside of 55.70% from the company’s current price.

Separately, analysts at CIBC reiterated a “sector underperform” rating on shares of Allied Nevada Gold in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $13.92.

Allied Nevada Gold Corp. (AMEX:ANV) is a gold producer, which operates the Hycroft Mine and has a large number of exploration claims in the State of Nevada.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.