Alamos Gold Inc (TSE:AGI) (NYSE:AGI) had its price objective decreased by analysts at Raymond James Financial, Inc. from C$12.50 to C$12.00 in a research report issued on Monday. Raymond James Financial, Inc.’s price objective suggests a potential upside of 36.52% from the company’s current price.

Several other brokerages also recently weighed in on AGI. TD Securities boosted their target price on Alamos Gold from C$12.50 to C$13.50 and gave the stock a “buy” rating in a research note on Friday, August 4th. National Bank Financial restated an “outperform market weight” rating on shares of Alamos Gold in a research note on Sunday, July 23rd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of C$12.97.

Alamos Gold (TSE:AGI) traded down 2.22% during midday trading on Monday, hitting $8.79. The company had a trading volume of 471,449 shares. The stock has a 50 day moving average price of $8.99 and a 200-day moving average price of $9.32. The stock’s market capitalization is $2.64 billion. Alamos Gold has a 52 week low of $7.86 and a 52 week high of $11.86.

TRADEMARK VIOLATION WARNING: “Raymond James Financial, Inc. Lowers Alamos Gold Inc (AGI) Price Target to C$12.00” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at

In related news, insider James Porter bought 10,000 shares of the stock in a transaction dated Wednesday, September 13th. The shares were purchased at an average price of C$8.91 per share, for a total transaction of C$89,100.00. Also, insider Colin Webster sold 15,000 shares of the company’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of C$10.02, for a total value of C$150,300.00.

About Alamos Gold

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

Analyst Recommendations for Alamos Gold (TSE:AGI)

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