B2Gold Corp. (TSE:BTO) was upgraded by equities researchers at Dundee Securities from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday. The brokerage presently has a C$4.50 price objective on the stock, up from their previous price objective of C$4.25. Dundee Securities’ price target would indicate a potential upside of 22.62% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. National Bank Financial upped their target price on B2Gold Corp. from C$4.20 to C$4.50 and gave the stock a “sector perform” rating in a research report on Friday, August 5th. CIBC upped their target price on B2Gold Corp. from C$4.00 to C$5.00 and gave the stock a “sector perform” rating in a research report on Friday, August 5th. RBC Capital Markets upped their target price on B2Gold Corp. from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research report on Friday, August 5th. BMO Capital Markets upped their target price on B2Gold Corp. from C$4.25 to C$5.50 in a research report on Friday, August 5th. Finally, Royal Bank Of Canada upped their target price on B2Gold Corp. from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research report on Monday, August 8th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$5.10.

Analyst Recommendations for B2Gold Corp. (TSE:BTO)

B2Gold Corp. (TSE:BTO) traded up 1.36% during midday trading on Tuesday, hitting $3.72. The stock had a trading volume of 2,469,866 shares. The stock’s market cap is $3.49 billion. The firm has a 50 day moving average price of $3.96 and a 200 day moving average price of $3.02. B2Gold Corp. has a one year low of $0.86 and a one year high of $4.74.

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