Shares of Randgold Resources Limited (LON:RRS) have received an average rating of “Buy” from the twenty brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 7,763.33 ($105.28).

A number of analysts recently issued reports on RRS shares. Numis Securities reissued a “buy” rating and set a GBX 9,000 ($122.05) price target on shares of Randgold Resources in a report on Monday, September 25th. Jefferies Group reissued a “buy” rating and set a GBX 9,000 ($122.05) price target on shares of Randgold Resources in a report on Thursday, October 19th. Barclays reissued an “overweight” rating and set a GBX 8,000 ($108.49) price target on shares of Randgold Resources in a report on Tuesday, October 24th. Berenberg Bank reissued a “buy” rating and set a GBX 7,400 ($100.35) price target on shares of Randgold Resources in a report on Thursday, November 2nd. Finally, Investec reissued a “buy” rating and set a GBX 9,000 ($122.05) price target on shares of Randgold Resources in a report on Friday, November 3rd.

Shares of Randgold Resources (LON RRS) opened at GBX 7,190 ($97.50) on Wednesday. Randgold Resources has a twelve month low of GBX 6,320 ($85.71) and a twelve month high of GBX 8,255 ($111.95). The stock has a market cap of $6,760.00 and a price-to-earnings ratio of 3,298.17.

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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).

Analyst Recommendations for Randgold Resources (LON:RRS)

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