B2Gold Corp. (BTO) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of B2Gold Corp. (TSE:BTO) (NYSE:BTG) have been given a consensus rating of “Buy” by the eight analysts that are covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$4.96.
Several brokerages have recently issued reports on BTO. TD Securities restated a “buy” rating and issued a C$5.50 price objective on shares of B2Gold Corp. in a research note on Friday, May 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$5.00 price target on shares of B2Gold Corp. in a research note on Friday, June 16th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$5.00 price target on shares of B2Gold Corp. in a research note on Friday, June 16th. Scotiabank set a C$5.00 price target on B2Gold Corp. and gave the stock an “outperform” rating in a research note on Tuesday, June 20th. Finally, National Bank Financial reissued a “sector perform market weight” rating on shares of B2Gold Corp. in a research note on Monday, July 31st.
In other B2Gold Corp. news, Director Clive Thomas Johnson bought 100,000 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were acquired at an average cost of C$3.20 per share, with a total value of C$320,000.00. Also, insider William Lytle sold 22,263 shares of B2Gold Corp. stock in a transaction dated Monday, June 5th. The stock was sold at an average price of C$3.38, for a total value of C$75,248.94. Over the last three months, insiders acquired 232,051 shares of company stock worth $742,320 and sold 355,963 shares worth $1,320,609.
B2Gold Corp. (TSE:BTO) traded up 0.64% during mid-day trading on Wednesday, reaching $3.16. 1,707,183 shares of the company were exchanged. B2Gold Corp. has a one year low of $2.69 and a one year high of $4.64. The stock has a 50-day moving average price of $3.30 and a 200 day moving average price of $3.64. The company has a market capitalization of $3.09 billion and a PE ratio of 53.56.
ILLEGAL ACTIVITY NOTICE: “B2Gold Corp. (BTO) Receives Consensus Recommendation of “Buy” from Brokerages” was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/08/23/b2gold-corp-bto-receives-consensus-recommendation-of-buy-from-brokerages.html.
About B2Gold Corp.
Receive News & Ratings for B2Gold Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold Corp. and related companies with MarketBeat.com's FREE daily email newsletter.