Equities Analysts Set Expectations for B2Gold Corp.’s FY2016 Earnings (BTO)
B2Gold Corp. (TSE:BTO) – Equities research analysts at Cormark upped their FY2016 earnings per share estimates for B2Gold Corp. in a report released on Wednesday. Cormark analyst R. Gray now anticipates that the brokerage will post earnings per share of $0.15 for the year, up from their prior estimate of $0.14.
Several other analysts have also recently commented on BTO. Raymond James Financial Inc. raised their price target on shares of B2Gold Corp. from C$2.75 to C$3.75 in a report on Monday, June 27th. Scotiabank restated an “outperform” rating and set a C$3.25 price target on shares of B2Gold Corp. in a report on Thursday, June 30th. Canaccord Genuity raised their price target on shares of B2Gold Corp. from C$3.50 to C$4.75 in a report on Tuesday, July 12th. National Bank Financial cut shares of B2Gold Corp. from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from C$3.85 to C$4.20 in a report on Wednesday, July 13th. Finally, Dundee Securities cut shares of B2Gold Corp. from a “buy” rating to a “neutral” rating in a report on Thursday, July 14th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of C$5.10.
Shares of B2Gold Corp. (TSE:BTO) opened at 3.44 on Thursday. The company has a 50-day moving average of $3.79 and a 200-day moving average of $3.13. B2Gold Corp. has a 12 month low of $0.86 and a 12 month high of $4.74. The stock’s market capitalization is $3.23 billion.
B2Gold Corp. Company Profile
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