Randgold Resources Limited (RRS) Earns Overweight Rating from Barclays PLC
Several other research firms also recently weighed in on RRS. Canaccord Genuity reiterated a buy rating and issued a GBX 8,590 ($107.32) target price on shares of Randgold Resources Limited in a research note on Thursday, November 3rd. Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Randgold Resources Limited in a research note on Thursday, August 11th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 7,370 ($92.08) price objective on shares of Randgold Resources Limited in a research note on Monday, September 5th. Panmure Gordon boosted their price objective on shares of Randgold Resources Limited from GBX 6,750 ($84.33) to GBX 6,892 ($86.11) and gave the company a hold rating in a research note on Wednesday, August 10th. Finally, Macquarie reaffirmed an outperform rating on shares of Randgold Resources Limited in a research note on Tuesday, September 20th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 6,799.20 ($84.95).
Randgold Resources Limited (LON:RRS) opened at 5970.00 on Thursday. The stock’s 50 day moving average is GBX 7,089.17 and its 200 day moving average is GBX 7,399.51. Randgold Resources Limited has a 1-year low of GBX 3,888.00 and a 1-year high of GBX 9,820.00. The company’s market cap is GBX 5.60 billion.
Randgold Resources Limited Company Profile
Randgold Resources Limited is engaged in the 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 mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali.
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