Randgold Resources Limited (RRS) Given Hold Rating at Numis Securities Ltd
Randgold Resources Limited (LON:RRS)‘s stock had its “hold” rating reissued by analysts at Numis Securities Ltd in a report issued on Tuesday.
RRS has been the topic of several other research reports. Royal Bank Of Canada lifted their price target on Randgold Resources Limited from GBX 5,100 ($66.57) to GBX 5,800 ($75.71) and gave the company a “sector performer” rating in a research note on Monday, April 11th. Investec reissued a “hold” rating and issued a GBX 6,587 ($85.98) price target on shares of Randgold Resources Limited in a research note on Wednesday, April 20th. Deutsche Bank AG raised their price objective on Randgold Resources Limited from GBX 6,700 ($87.46) to GBX 7,100 ($92.68) and gave the company a “hold” rating in a report on Wednesday, July 6th. Credit Suisse Group AG raised their price objective on Randgold Resources Limited from GBX 6,400 ($83.54) to GBX 6,700 ($87.46) and gave the company a “neutral” rating in a report on Thursday, April 7th. Finally, Goldman Sachs Group Inc. restated a “neutral” rating and issued a GBX 6,000 ($78.32) price objective on shares of Randgold Resources Limited in a report on Monday, April 18th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company. Randgold Resources Limited presently has a consensus rating of “Hold” and a consensus price target of GBX 6,491.70 ($84.74).
Randgold Resources Limited (LON:RRS) traded up 2.76% during trading on Tuesday, reaching GBX 7074.36. The company’s stock had a trading volume of 1,280,658 shares. The firm’s 50-day moving average is GBX 7,607.70 and its 200-day moving average is GBX 7,312.12. Randgold Resources Limited has a 52-week low of GBX 3,870.00 and a 52-week high of GBX 9,820.00. The stock’s market cap is GBX 6.63 billion.
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Randgold Resources Limited Company Profile
Randgold Resources Limited is engaged in the gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali.
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