Citigroup Increases Greatland Gold (LON:GGP) Price Target to GBX 675

Greatland Gold (LON:GGP) had its price target upped by Citigroup from GBX 595 to GBX 675 in a research note issued on Thursday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s target price would suggest a potential upside of 23.76% from the company’s current price.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 635 price target on shares of Greatland Gold in a research note on Tuesday, October 7th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Greatland Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 516.67.

Greatland Gold Price Performance

LON GGP opened at GBX 545.41 on Thursday. The firm’s 50 day moving average is GBX 438.42 and its 200-day moving average is GBX 361.56. The company has a quick ratio of 2.36, a current ratio of 1.33 and a debt-to-equity ratio of 102.07. The company has a market capitalization of £3.67 billion, a PE ratio of 4.11 and a beta of 0.73. Greatland Gold has a 12-month low of GBX 118 and a 12-month high of GBX 580.80.

Greatland Gold Company Profile

Greatland Gold plc is a mining development and exploration company with a focus on precious and base metals.