Equities Analysts Issue Forecasts for B2Gold Corp.’s FY2017 Earnings (BTO)
B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Research analysts at Cormark upped their FY2017 EPS estimates for B2Gold in a research report issued on Tuesday. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.11 for the year, up from their prior forecast of $0.06.
BTO has been the subject of a number of other research reports. Scotiabank set a C$4.75 price target on B2Gold and gave the company an “outperform” rating in a research note on Thursday, August 10th. Eight Capital set a C$4.50 price target on B2Gold and gave the company a “buy” rating in a research note on Monday, September 25th. National Bank Financial raised B2Gold from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$5.00 to C$6.00 in a research note on Monday, September 25th. Canaccord Genuity boosted their price target on B2Gold from C$5.00 to C$5.50 in a research note on Friday, September 29th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a C$5.00 price target on shares of B2Gold in a research note on Tuesday. Seven investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of C$5.19.
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