Barrick Gold Corp. (ABX) Given Buy Rating at Goldman Sachs Group Inc.
A number of other analysts have also weighed in on the company. Royal Bank Of Canada restated a sector perform rating on shares of Barrick Gold Corp. in a report on Friday, September 2nd. TD Securities restated a buy rating and set a C$26.00 target price on shares of Barrick Gold Corp. in a report on Wednesday, August 10th. Finally, Canaccord Genuity upped their target price on Barrick Gold Corp. from C$33.00 to C$34.00 and gave the stock a buy rating in a report on Monday, August 8th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Barrick Gold Corp. has an average rating of Buy and an average target price of C$22.44.
Barrick Gold Corp. (TSE:ABX) opened at 20.55 on Wednesday. The stock’s market cap is $23.95 billion. The stock has a 50 day moving average price of $23.69 and a 200-day moving average price of $24.00. Barrick Gold Corp. has a 1-year low of $9.18 and a 1-year high of $30.45.
About Barrick Gold Corp.
Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. Barricks’ segments include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project.
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