Randgold Resources Limited Earns “Add” Rating from Numis Securities Ltd (RRS)
Randgold Resources Limited (LON:RRS)‘s stock had its “add” rating reiterated by Numis Securities Ltd in a research note issued on Monday. They currently have a GBX 5,800 ($96.25) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 14.06% from the company’s current price.
RRS has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Randgold Resources Limited in a research note on Friday, August 8th. They now have a GBX 5,100 ($84.63) price target on the stock. Separately, analysts at Nomura cut their price target on shares of Randgold Resources Limited from GBX 6,000 ($99.57) to GBX 5,600 ($92.93) in a research note on Friday, August 8th. They now have a “buy” rating on the stock. Finally, analysts at Investec raised their price target on shares of Randgold Resources Limited from GBX 4,603 ($76.39) to GBX 5,016 ($83.24) in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. Ten equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Randgold Resources Limited has an average rating of “Hold” and a consensus target price of GBX 5,310.46 ($88.13).
Shares of Randgold Resources Limited (LON:RRS) opened at 5098.3999 on Monday. Randgold Resources Limited has a 1-year low of GBX 3600.00 and a 1-year high of GBX 5285.75. The stock has a 50-day moving average of GBX 5069.75 and a 200-day moving average of GBX 4798.14. The company’s market cap is £4.723 billion.
Randgold Resources Limited is engage in the exploration and development of gold deposits in Sub-Saharan Africa.
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