RBC Capital Reiterates Outperform Rating for African Barrick Gold PLC (ABG)
African Barrick Gold PLC (LON:ABG)‘s stock had its “outperform” rating reiterated by research analysts at RBC Capital in a report released on Monday. They currently have a GBX 340 ($5.72) price target on the stock. RBC Capital’s price target points to a potential upside of 57.55% from the stock’s previous close.
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 Wednesday, June 4th. They now have a GBX 260 ($4.37) price target on the stock. Separately, 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 ($5.04) price target on the stock. Seven research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. African Barrick Gold PLC has a consensus rating of “Hold” and an average target price of GBX 241.47 ($4.06).
Shares of African Barrick Gold PLC (LON:ABG) opened at 223.10 on Monday. African Barrick Gold PLC has a 1-year low of GBX 93.50 and a 1-year high of GBX 322.30. The stock has a 50-day moving average of GBX 232. and a 200-day moving average of GBX 224.. The company’s market cap is £909.0 million.
African Barrick Gold plc (LON:ABG) is a United Kingdom-based company.
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