Randgold Resources Limited Given Average Recommendation of “Hold” by Brokerages (LON:RRS)
Shares of Randgold Resources Limited (LON:RRS) have received a consensus recommendation of “Hold” from the nineteen analysts that are covering the company, ARN reports. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 5,310.46 ($88.13).
Shares of Randgold Resources Limited (LON:RRS) opened at 4801.0601 on Friday. Randgold Resources Limited has a one year low of GBX 3600.00 and a one year high of GBX 5285.75. The stock has a 50-day moving average of GBX 5055. and a 200-day moving average of GBX 4808.25. The company’s market cap is £4.448 billion.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank downgraded shares of Randgold Resources Limited to a “hold” rating in a research note on Wednesday. They now have a GBX 5,000 ($82.97) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Randgold Resources Limited in a research note on Monday. They now have a GBX 5,800 ($96.25) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Randgold Resources Limited in a research note on Wednesday, August 20th. They now have a GBX 5,800 ($96.25) price target on the stock.
Randgold Resources Limited is engage in the exploration and development of gold deposits in Sub-Saharan Africa.
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