Randgold Resources Limited (LON:RRS)‘s stock had its “overweight” rating restated by analysts at JPMorgan Chase & Co. in a note issued to investors on Monday. They presently have a GBX 8,300 ($103.70) price target on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 42.73% from the company’s current price.

Several other equities analysts also recently issued reports on RRS. Morgan Stanley downgraded shares of Randgold Resources Limited to an “underweight” rating and boosted their price target for the company from GBX 5,750 ($71.84) to GBX 6,860 ($85.71) in a report on Tuesday, July 26th. Numis Securities Ltd reissued a “hold” rating on shares of Randgold Resources Limited in a report on Tuesday, July 26th. Panmure Gordon downgraded shares of Randgold Resources Limited to a “hold” rating and set a GBX 6,750 ($84.33) price target for the company. in a report on Thursday, August 4th. Canaccord Genuity reissued a “hold” rating on shares of Randgold Resources Limited in a report on Thursday, August 4th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 6,300 ($78.71) price target on shares of Randgold Resources Limited in a report on Friday, August 5th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 6,949.16 ($86.82).

Analyst Recommendations for Randgold Resources Limited (LON:RRS)

Randgold Resources Limited (LON:RRS) opened at 5815.00 on Monday. The firm’s 50-day moving average is GBX 6,800.14 and its 200 day moving average is GBX 7,377.78. Randgold Resources Limited has a 12-month low of GBX 3,918.00 and a 12-month high of GBX 9,820.00. The stock’s market capitalization is GBX 5.45 billion.

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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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