Randgold Resources Limited (RRS) Stock Rating Reaffirmed by Numis Securities Ltd
Randgold Resources Limited (LON:RRS)‘s stock had its “buy” rating restated by investment analysts at Numis Securities Ltd in a research note issued to investors on Friday.
Several other research firms have also commented on RRS. Panmure Gordon lowered Randgold Resources Limited to a “hold” rating and set a GBX 6,750 ($84.33) price objective on the stock. in a research report on Thursday, August 4th. Canaccord Genuity restated a “hold” rating on shares of Randgold Resources Limited in a research report on Thursday, August 4th. Credit Suisse Group AG lowered their price objective on Randgold Resources Limited to GBX 8,300 ($103.70) and set a “neutral” rating on the stock in a research report on Friday, August 5th. Jefferies Group restated a “buy” rating on shares of Randgold Resources Limited in a research report on Friday, August 5th. Finally, Deutsche Bank AG upped their price objective on Randgold Resources Limited from GBX 7,100 ($88.71) to GBX 7,370 ($92.08) and gave the stock a “hold” rating in a research report on Friday, August 5th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. Randgold Resources Limited has an average rating of “Hold” and a consensus target price of GBX 6,922.84 ($86.49).
Randgold Resources Limited (LON:RRS) opened at 6005.00 on Friday. The firm’s 50-day moving average is GBX 6,827.50 and its 200-day moving average is GBX 7,379.65. The company’s market cap is GBX 5.63 billion. Randgold Resources Limited has a 52-week low of GBX 3,894.00 and a 52-week high of GBX 9,820.00.
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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