African Barrick Gold PLC Receives Outperform Rating from RBC Capital (ABG)
African Barrick Gold PLC (LON:ABG)‘s stock had its “outperform” rating restated by research analysts at RBC Capital in a report released on Wednesday. They currently have a GBX 350 ($5.89) price target on the stock. RBC Capital’s price objective indicates a potential upside of 60.99% from the stock’s previous close.
African Barrick Gold PLC (LON:ABG) traded up 1.29% on Wednesday, hitting GBX 220.20. The stock had a trading volume of 544,818 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 240.7 and a 200-day moving average of GBX 223.4. The company’s market cap is £897.2 million.
A number of other firms have also recently commented on ABG. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of African Barrick Gold PLC in a research note on Tuesday. They now have a GBX 260 ($4.38) price target on the stock. Seven equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. African Barrick Gold PLC currently has an average rating of “Hold” and a consensus price target of GBX 242.06 ($4.07).
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.