B2Gold Corp. (BTO) Rating Reiterated by Scotiabank
B2Gold Corp. (TSE:BTO) (NYSE:BTG)‘s stock had its “outperform” rating reiterated by stock analysts at Scotiabank in a research note issued on Thursday. They currently have a C$4.75 price objective on the stock. Scotiabank’s price objective would suggest a potential upside of 38.89% from the company’s previous close.
A number of other equities research analysts also recently weighed in on the stock. BMO Capital Markets reissued an “outperform” rating and set a C$5.00 price target on shares of B2Gold Corp. in a research note on Thursday, July 20th. Royal Bank Of Canada reissued an “outperform” rating and set a C$5.00 price target on shares of B2Gold Corp. in a research note on Friday, June 16th. Eight Capital set a C$4.50 price target on shares of B2Gold Corp. and gave the stock a “buy” rating in a research note on Monday, September 25th. National Bank Financial reissued a “sector perform market weight” rating on shares of B2Gold Corp. in a research note on Monday, July 31st. Finally, Canaccord Genuity boosted their price target on shares of B2Gold Corp. from C$5.00 to C$5.50 in a research note on Friday, September 29th. Seven analysts have rated the stock with a buy rating, B2Gold Corp. currently has an average rating of “Buy” and an average price target of C$5.16.
B2Gold Corp. (BTO) traded down 0.87% on Thursday, reaching $3.42. 1,749,568 shares of the company’s stock traded hands. B2Gold Corp. has a 52-week low of $2.69 and a 52-week high of $4.64. The firm’s 50 day moving average price is $3.39 and its 200 day moving average price is $3.45. The firm has a market capitalization of $3.35 billion and a PE ratio of 57.97.
TRADEMARK VIOLATION NOTICE: This article was posted by American Banking News and is the property of of American Banking News. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/10/12/b2gold-corp-bto-rating-reiterated-by-scotiabank.html.
In other news, Director Clive Thomas Johnson bought 100,000 shares of the stock in a transaction on Friday, August 11th. The stock was purchased at an average price of C$3.22 per share, with a total value of C$322,000.00. Also, insider William Lytle bought 32,051 shares of the stock in a transaction on Wednesday, August 16th. The stock was purchased at an average cost of C$3.13 per share, with a total value of C$100,319.63. Insiders acquired 232,051 shares of company stock valued at $742,320 in the last ninety days.
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.