African Barrick Gold PLC Given Average Recommendation of “Hold” by Brokerages (LON:ABG)
African Barrick Gold PLC (LON:ABG) has been given a consensus rating of “Hold” by the twenty-one ratings firms that are presently covering the company, American Banking News reports. Seven research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 246.11 ($4.15).
Several analysts have recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of African Barrick Gold PLC in a research note on Friday. They now have a GBX 350 ($5.90) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of African Barrick Gold PLC in a research note on Thursday, May 8th. They now have a GBX 260 ($4.38) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of African Barrick Gold PLC in a research note on Tuesday, May 6th. They now have a GBX 250 ($4.21) price target on the stock.
Shares of African Barrick Gold PLC (LON:ABG) traded down 0.91% on Tuesday, hitting GBX 228.60. The stock had a trading volume of 204,047 shares. African Barrick Gold PLC has a 52 week low of GBX 93.50 and a 52 week high of GBX 322.30. The stock has a 50-day moving average of GBX 250.7 and a 200-day moving average of GBX 220.9. The company’s market cap is £931.4 million.
African Barrick Gold plc (LON:ABG) is a United Kingdom-based company.
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.