B2Gold Corp. (BTO) PT Raised to C$5.00
B2Gold Corp. (TSE:BTO) (NYSE:BTG) had its price target boosted by equities researchers at Scotiabank from C$4.50 to C$5.00 in a report issued on Friday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price indicates a potential upside of 22.25% from the company’s previous close.
Several other analysts also recently weighed in on BTO. Raymond James Financial, Inc. reduced their target price on B2Gold Corp. from C$5.00 to C$4.00 in a report on Thursday, December 22nd. Canaccord Genuity boosted their target price on B2Gold Corp. from C$4.50 to C$5.00 in a report on Friday, February 3rd. TD Securities boosted their target price on B2Gold Corp. from C$4.75 to C$5.00 and gave the company a “buy” rating in a report on Tuesday, February 7th. Finally, Royal Bank of Canada boosted their target price on B2Gold Corp. from C$4.50 to C$5.00 and gave the company an “outperform” rating in a report on Tuesday, February 7th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of C$5.03.
Shares of B2Gold Corp. (TSE:BTO) opened at 4.09 on Friday. The firm’s market capitalization is $3.91 billion. B2Gold Corp. has a one year low of $2.01 and a one year high of $4.74. The firm has a 50-day moving average price of $4.15 and a 200 day moving average price of $3.63.
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