African Barrick Gold Upgraded to Neutral by Bank of America (ABGLY)
African Barrick Gold (NASDAQ:ABGLY) was upgraded by equities research analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday.
Shares of African Barrick Gold (NASDAQ:ABGLY) opened at 9.10 on Tuesday. The stock’s 50-day moving average is $0. and its 200-day moving average is $0.. The company’s market cap is $1.854 billion.
ABGLY has been the subject of a number of other recent research reports. Analysts at Barclays upgraded shares of African Barrick Gold to an “equal weight” rating in a research note on Tuesday, April 29th. Separately, analysts at HSBC upgraded shares of African Barrick Gold from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 24th. Finally, analysts at Deutsche Bank upgraded shares of African Barrick Gold from a “hold” rating to a “buy” rating in a research note on Wednesday, April 9th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
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