Shares of African Barrick Gold Ltd (NASDAQ:ABGLF) have been assigned an average broker rating score of 3.67 (Sell) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation and two have issued a hold recommendation on the company. African Barrick Gold’s rating score has declined by 22.3% in the last 90 days as a result of various analysts’ ratings changes.

Zacks has also given African Barrick Gold an industry rank of 193 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research downgraded shares of African Barrick Gold from a “buy” rating to a “hold” rating in a report on Thursday.

Shares of African Barrick Gold (NASDAQ:ABGLF) remained flat at $2.32 during trading on Friday. The stock has a market capitalization of $951.40 million and a price-to-earnings ratio of 5.83. The company’s 50 day moving average is $3.18 and its 200-day moving average is $4.72. African Barrick Gold has a 52 week low of $2.01 and a 52 week high of $6.80.

WARNING: This news story was published by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another site, it was stolen and republished in violation of US and international trademark and copyright law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/08/13/zacks-african-barrick-gold-ltd-abglf-given-consensus-recommendation-of-sell-by-brokerages.html.

Get a free copy of the Zacks research report on African Barrick Gold (ABGLF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for African Barrick Gold Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for African Barrick Gold Ltd and related companies with MarketBeat.com's FREE daily email newsletter.