Randgold Resources Limited Rating Reiterated by Citigroup Inc. (RRS)
Randgold Resources Limited (LON:RRS)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Monday. They currently have a GBX 4,889 ($83.86) price target on the stock. Citigroup Inc.’s price objective indicates a potential downside of 2.00% from the stock’s previous close.
A number of other analysts have also recently weighed in on RRS. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Randgold Resources Limited in a research note on Wednesday, July 2nd. They now have a GBX 5,000 ($85.76) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Randgold Resources Limited in a research note on Monday, June 30th. They now have a GBX 5,000 ($85.76) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Randgold Resources Limited in a research note on Friday, June 27th. They now have a GBX 5,900 ($101.20) price target on the stock. Nine investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Randgold Resources Limited presently has a consensus rating of “Buy” and an average price target of GBX 4,734.52 ($81.21).
Randgold Resources Limited (LON:RRS) traded down 0.14% during mid-day trading on Monday, hitting GBX 4989.00. The stock had a trading volume of 235,946 shares. Randgold Resources Limited has a 1-year low of GBX 3600.00 and a 1-year high of GBX 5440.00. The stock’s 50-day moving average is GBX 4626.56 and its 200-day moving average is GBX 4512.79. The company’s market cap is £4.616 billion.
Randgold Resources Limited is engage in the exploration and development of gold deposits in Sub-Saharan Africa.
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