Research Analysts’ Recent Ratings Changes for Randgold Resources (GOLD)

A number of firms have modified their ratings and price targets on shares of Randgold Resources (NASDAQ: GOLD) recently:

  • 2/12/2018 – Randgold Resources had its price target lowered by analysts at JPMorgan Chase & Co. from $103.00 to $101.00. They now have an “overweight” rating on the stock.
  • 2/8/2018 – Randgold Resources was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating.
  • 2/8/2018 – Randgold Resources was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 2/6/2018 – Randgold Resources was downgraded by analysts at Numis Securities Ltd from a “buy” rating to an “add” rating.
  • 2/5/2018 – Randgold Resources was given a new $101.00 price target on by analysts at Scotiabank. They now have a “hold” rating on the stock.
  • 2/2/2018 – Randgold Resources was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/31/2018 – Randgold Resources was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Randgold Resources is an international gold mining and exploration business. It has to date discovered the 7 Moz Morila deposit in southern Mali, the plus 5 Moz Yalea deposit in western Mali and the 3 Moz Tongon deposit in the Côte d’Ivoire. The Company successfully developed the Morila deposit into one of the world’s largest and highest-margin gold mines. In addition, Randgold Resources has a portfolio of prospective exploration projects across Africa in Mali, Côte d’Ivoire, Senegal, Burkina Faso, Ghana and Tanzania. “
  • 1/23/2018 – Randgold Resources was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/23/2018 – Randgold Resources was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Randgold Resources is an international gold mining and exploration business. It has to date discovered the 7 Moz Morila deposit in southern Mali, the plus 5 Moz Yalea deposit in western Mali and the 3 Moz Tongon deposit in the Côte d’Ivoire. The Company successfully developed the Morila deposit into one of the world’s largest and highest-margin gold mines. In addition, Randgold Resources has a portfolio of prospective exploration projects across Africa in Mali, Côte d’Ivoire, Senegal, Burkina Faso, Ghana and Tanzania. “
  • 1/17/2018 – Randgold Resources had its “buy” rating reaffirmed by analysts at HC Wainwright.
  • 12/21/2017 – Randgold Resources was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 12/14/2017 – Randgold Resources was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating.

Shares of Randgold Resources Ltd. (GOLD) traded down $1.96 on Monday, hitting $83.00. 1,371,000 shares of the stock were exchanged, compared to its average volume of 678,139. The stock has a market capitalization of $7,807.70, a price-to-earnings ratio of 28.52 and a beta of -0.06. Randgold Resources Ltd. has a 12-month low of $81.35 and a 12-month high of $108.29.

Randgold Resources (NASDAQ:GOLD) last announced its quarterly earnings data on Monday, February 5th. The basic materials company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.05). The company had revenue of $328.62 million for the quarter. Randgold Resources had a net margin of 21.72% and a return on equity of 7.13%. equities research analysts anticipate that Randgold Resources Ltd. will post 3.77 earnings per share for the current fiscal year.

The business also recently disclosed a None dividend, which will be paid on Friday, May 18th. Stockholders of record on Friday, March 23rd will be issued a dividend of $1.98 per share. This represents a dividend yield of 0.0233518103549947%. The ex-dividend date is Thursday, March 22nd. Randgold Resources’s dividend payout ratio (DPR) is presently 33.68%.

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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