African Barrick Gold PLC Receives “Hold” Rating from Numis Securities Ltd (ABG)
African Barrick Gold PLC (LON:ABG)‘s stock had its “hold” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 260 ($4.36) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 19.82% from the company’s current price.
A number of other firms have also recently commented on ABG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of African Barrick Gold PLC in a research note on Friday, May 30th. They now have a GBX 300 ($5.03) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of African Barrick Gold PLC in a research note on Wednesday, May 28th. They now have a GBX 350 ($5.87) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of African Barrick Gold PLC in a research note on Friday, May 9th. They now have a GBX 350 ($5.87) price target on the stock. Seven investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 242.06 ($4.06).
Shares of African Barrick Gold PLC (LON:ABG) opened at 220.30 on Wednesday. African Barrick Gold PLC has a one year low of GBX 93.50 and a one year high of GBX 322.30. The stock has a 50-day moving average of GBX 235.5 and a 200-day moving average of GBX 224.3. The company’s market cap is £897.6 million.
African Barrick Gold plc (LON:ABG) is a United Kingdom-based company.
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