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Randgold Resources Ltd. (NASDAQ:GOLD) has earned an average rating of “Hold” from the twenty-one analysts that are covering the company, American Banking News reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $91.40.

Randgold Resources Ltd. (NASDAQ:GOLD) opened at 81.09 on Monday. Randgold Resources Ltd. has a one year low of $59.19 and a one year high of $89.89. The stock’s 50-day moving average is $85.92 and its 200-day moving average is $80.30. The company has a market cap of $7.512 billion and a price-to-earnings ratio of 26.16.

Randgold Resources Ltd. (NASDAQ:GOLD) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by $0.23. The company had revenue of $294.90 million for the quarter, compared to the consensus estimate of $288.74 million. During the same quarter in the previous year, the company posted $0.50 earnings per share. On average, analysts predict that Randgold Resources Ltd. will post $3.31 earnings per share for the current fiscal year.

A number of research firms have recently commented on GOLD. Analysts at Zacks downgraded shares of Randgold Resources Ltd. from a “neutral” rating to an “underperform” rating in a research note on Monday, August 11th. They now have a $82.80 price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Randgold Resources Ltd. in a research note on Friday, August 8th. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of Randgold Resources Ltd. in a research note on Friday, August 8th.

Randgold Resources Limited is engage in the exploration and development of gold deposits in Sub-Saharan Africa.

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