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African Barrick Gold (NASDAQ:ABGLY) was downgraded by equities researchers at Deutsche Bank from a “buy” rating to a “hold” rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports.

Shares of African Barrick Gold (NASDAQ:ABGLY) opened at 9.10 on Wednesday. The stock’s 50-day moving average is $0. and its 200-day moving average is $0.. The company’s market cap is $1.866 billion.

A number of other analysts have also recently weighed in on ABGLY. Analysts at Numis Securities Ltd upgraded shares of African Barrick Gold from a “hold” rating to a “buy” rating in a research note on Tuesday, July 29th. Analysts at BMO Capital Markets upgraded shares of African Barrick Gold from a “market perform” rating to an “outperform” rating in a research note on Monday, July 28th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold”.

The Fly On The Wall

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