Shares of Randgold Resources Limited (LON:RRS) have earned a consensus rating of “Buy” from the eighteen analysts that are presently covering the firm, reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 7,585.82 ($99.06).

A number of equities analysts recently issued reports on RRS shares. Macquarie raised their price target on Randgold Resources Limited from GBX 8,300 ($108.38) to GBX 8,500 ($111.00) and gave the stock an “outperform” rating in a report on Thursday, June 8th. Jefferies Group LLC lifted their price objective on Randgold Resources Limited from GBX 8,700 ($113.61) to GBX 9,000 ($117.52) and gave the company a “buy” rating in a report on Tuesday, April 18th. BNP Paribas assumed coverage on Randgold Resources Limited in a report on Thursday, May 18th. They issued an “outperform” rating and a GBX 8,100 ($105.77) price objective on the stock. J P Morgan Chase & Co lifted their price objective on Randgold Resources Limited from GBX 8,100 ($105.77) to GBX 8,300 ($108.38) and gave the company an “overweight” rating in a report on Monday, June 5th. Finally, Goldman Sachs Group, Inc. (The) lowered their price objective on Randgold Resources Limited from GBX 8,000 ($104.47) to GBX 7,700 ($100.55) and set a “neutral” rating on the stock in a report on Tuesday, May 23rd.

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In other news, insider Safiatou Francoise Ba-N’Dawrrs acquired 32 shares of the firm’s stock in a transaction on Friday, May 26th. The stock was bought at an average cost of GBX 7,250 ($94.67) per share, with a total value of £2,320 ($3,029.51). Also, insider Graham Shuttleworth sold 7,000 shares of the company’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of GBX 7,697 ($100.51), for a total transaction of £538,790 ($703,564.90).

Randgold Resources Limited (LON RRS) opened at 6980.00 on Wednesday. The stock’s market capitalization is GBX 6.56 billion. The company’s 50-day moving average price is GBX 7,105.88 and its 200 day moving average price is GBX 7,074.16. Randgold Resources Limited has a 52 week low of GBX 5,410.00 and a 52 week high of GBX 9,155.00.

About Randgold Resources Limited

Randgold Resources Limited is engaged in 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 various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).

Analyst Recommendations for Randgold Resources Limited (LON:RRS)

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