Randgold Resources (NASDAQ:GOLD)‘s stock had its “buy” rating reissued by stock analysts at HC Wainwright in a research note issued on Wednesday.

Other equities analysts have also recently issued reports about the company. Zacks Investment Research raised Randgold Resources from a “hold” rating to a “buy” rating and set a $113.00 target price on the stock in a report on Wednesday, September 20th. Investec raised Randgold Resources from a “hold” rating to a “buy” rating in a report on Friday, November 3rd. Citigroup raised Randgold Resources from a “neutral” rating to a “buy” rating in a report on Tuesday, December 5th. Desjardins reaffirmed a “hold” rating on shares of Randgold Resources in a report on Monday, December 11th. Finally, BidaskClub raised Randgold Resources from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Randgold Resources currently has an average rating of “Hold” and a consensus price target of $84.90.

Shares of Randgold Resources (NASDAQ:GOLD) traded down $1.09 during trading on Wednesday, reaching $99.30. The company had a trading volume of 337,580 shares, compared to its average volume of 391,455. Randgold Resources has a one year low of $80.34 and a one year high of $108.29. The company has a market cap of $9,360.00, a PE ratio of 33.66 and a beta of -0.12.

Randgold Resources (NASDAQ:GOLD) last announced its earnings results on Thursday, November 2nd. The basic materials company reported $0.51 EPS for the quarter. Randgold Resources had a return on equity of 7.32% and a net margin of 21.49%. research analysts anticipate that Randgold Resources will post 2.98 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of GOLD. JPMorgan Chase & Co. raised its holdings in Randgold Resources by 1,424.8% during the second quarter. JPMorgan Chase & Co. now owns 73,208 shares of the basic materials company’s stock valued at $6,476,000 after acquiring an additional 68,407 shares during the period. Ameriprise Financial Inc. raised its holdings in Randgold Resources by 8.1% during the second quarter. Ameriprise Financial Inc. now owns 5,674 shares of the basic materials company’s stock valued at $502,000 after acquiring an additional 424 shares during the period. BlackRock Inc. raised its holdings in Randgold Resources by 7.8% during the second quarter. BlackRock Inc. now owns 9,333,067 shares of the basic materials company’s stock valued at $825,605,000 after acquiring an additional 671,684 shares during the period. Acrospire Investment Management LLC raised its holdings in Randgold Resources by 40.0% during the second quarter. Acrospire Investment Management LLC now owns 1,400 shares of the basic materials company’s stock valued at $124,000 after acquiring an additional 400 shares during the period. Finally, Northern Trust Corp raised its holdings in Randgold Resources by 1.0% during the second quarter. Northern Trust Corp now owns 86,585 shares of the basic materials company’s stock valued at $7,659,000 after acquiring an additional 837 shares during the period. 35.11% of the stock is currently owned by institutional investors and hedge funds.

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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 (NASDAQ:GOLD)

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