B2Gold (BTO) Stock Rating Reaffirmed by BMO Capital Markets
B2Gold (TSE:BTO) (NYSE:BTG)‘s stock had its “outperform” rating reissued by BMO Capital Markets in a research note issued on Tuesday. They currently have a C$5.00 target price on the stock. BMO Capital Markets’ target price would suggest a potential upside of 51.52% from the company’s previous close.
Several other research analysts have also commented on BTO. Canaccord Genuity raised their price objective on shares of B2Gold from C$5.00 to C$5.50 in a research note on Friday, September 29th. Scotiabank set a C$4.75 target price on shares of B2Gold and gave the company an “outperform” rating in a report on Thursday, August 10th. National Bank Financial raised shares of B2Gold from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$5.00 to C$6.00 in a report on Monday, September 25th. Finally, Eight Capital raised their price objective on shares of B2Gold from C$4.50 to C$4.75 in a report on Monday, November 27th. Seven research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average price target of C$5.19.
B2Gold (TSE:BTO) traded up C$0.02 during midday trading on Tuesday, hitting C$3.30. 1,034,843 shares of the stock traded hands, compared to its average volume of 4,328,820. B2Gold has a twelve month low of C$2.69 and a twelve month high of C$4.64.
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