Yamana Gold Inc. (TSE:YRI)‘s stock had its “sector perform” rating reaffirmed by stock analysts at Scotiabank in a report issued on Tuesday. They presently have a C$6.50 price target on the stock. Scotiabank’s target price would suggest a potential upside of 34.30% from the company’s previous close.

Several other research analysts have also weighed in on YRI. Canaccord Genuity lifted their target price on Yamana Gold from C$10.00 to C$10.50 and gave the stock a “buy” rating in a report on Friday, September 9th. Royal Bank Of Canada cut their price target on Yamana Gold from C$9.80 to C$9.15 and set a “sector perform” rating on the stock in a report on Wednesday, August 3rd. TD Securities upped their target price on Yamana Gold from C$7.00 to C$7.50 and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Finally, National Bank Financial upped their target price on Yamana Gold from C$8.00 to C$9.00 in a report on Wednesday, July 13th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Yamana Gold has a consensus rating of “Buy” and a consensus target price of C$7.15.

Analyst Recommendations for Yamana Gold (TSE:YRI)

Shares of Yamana Gold (TSE:YRI) traded up 3.31% on Tuesday, reaching $5.00. The company’s stock had a trading volume of 3,757,643 shares. The stock’s market cap is $4.74 billion. Yamana Gold has a 1-year low of $2.00 and a 1-year high of $7.87. The company’s 50 day moving average is $5.60 and its 200-day moving average is $6.14.

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Yamana Gold Company Profile

Yamana Gold Inc (Yamana) is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Canada. The Company’s segments include Chapada mine in Brazil, El Penon mine in Chile, Canadian Malartic mine in Canada (50% interest), Gualcamayo mine in Argentina, Mercedes mine in Mexico, Brio Gold Inc, and Corporate and other.

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