Randgold Resources Ltd. (NASDAQ:GOLD) has been given a consensus recommendation of “Hold” by the eighteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $84.17.
Several analysts have issued reports on the company. BidaskClub cut Randgold Resources from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. Zacks Investment Research upgraded Randgold Resources from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 5th. Royal Bank Of Canada upgraded Randgold Resources to a “sector perform” rating in a report on Monday, December 4th. They noted that the move was a valuation call. Citigroup upgraded Randgold Resources from a “neutral” rating to a “buy” rating in a report on Tuesday, December 5th. Finally, UBS cut Randgold Resources from a “buy” rating to a “neutral” rating in a report on Thursday, November 9th.
Shares of Randgold Resources (GOLD) traded down $0.87 during trading hours on Monday, reaching $90.83. The company’s stock had a trading volume of 331,215 shares, compared to its average volume of 660,519. The stock has a market cap of $8,626.10, a PE ratio of 31.08 and a beta of -0.11. Randgold Resources has a 12 month low of $67.54 and a 12 month high of $108.29.
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About Randgold Resources
Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).
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