Weekly Research Analysts’ Ratings Changes for Randgold Resources (RRS)

Several brokerages have updated their recommendations and price targets on shares of Randgold Resources (LON: RRS) in the last few weeks:

  • 2/8/2018 – Randgold Resources was upgraded by analysts at HSBC Holdings plc to a “buy” rating. They now have a GBX 7,700 ($106.38) price target on the stock, down previously from GBX 7,800 ($107.76).
  • 2/6/2018 – Randgold Resources had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 8,000 ($110.53) price target on the stock, down previously from GBX 9,000 ($124.34).
  • 1/30/2018 – Randgold Resources had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a GBX 7,160 ($98.92) price target on the stock.
  • 1/24/2018 – Randgold Resources had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 7,000 ($96.71) price target on the stock.
  • 1/11/2018 – Randgold Resources had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 7,100 ($98.09) to GBX 7,000 ($96.71). They now have a “neutral” rating on the stock.
  • 1/8/2018 – Randgold Resources had its price target lowered by analysts at Barclays PLC from GBX 8,000 ($110.53) to GBX 7,850 ($108.46). They now have an “overweight” rating on the stock.
  • 12/15/2017 – Randgold Resources had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 9,000 ($124.34) price target on the stock.

Shares of Randgold Resources Limited (LON:RRS) traded up GBX 122 ($1.69) on Monday, hitting GBX 6,140 ($84.83). The stock had a trading volume of 616,191 shares, compared to its average volume of 524,045. Randgold Resources Limited has a 52 week low of GBX 5,976 ($82.56) and a 52 week high of GBX 8,255 ($114.05). The company has a market capitalization of $5,730.00 and a P/E ratio of 2,896.23.

The business also recently disclosed a dividend, which will be paid on Friday, May 18th. Stockholders of record on Thursday, March 22nd will be given a dividend of $2.00 per share. This represents a dividend yield of 2.41%. This is an increase from Randgold Resources’s previous dividend of $1.00. The ex-dividend date is Thursday, March 22nd.

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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