Scotiabank Reaffirms Outperform Rating for B2Gold Corp. (BTO)
B2Gold Corp. (TSE:BTO) (NYSE:BTG)‘s stock had its “outperform” rating reissued by research analysts at Scotiabank in a report released on Friday. They presently have a C$5.00 price objective on the stock. Scotiabank’s target price would suggest a potential upside of 35.87% from the stock’s current price.
BTO has been the topic of several other research reports. TD Securities boosted their price target on B2Gold Corp. from C$5.00 to C$5.50 and gave the stock a “buy” rating in a research note on Monday, March 20th. Canaccord Genuity boosted their price target on B2Gold Corp. from C$4.50 to C$5.00 in a research note on Friday, February 3rd. Raymond James Financial, Inc. set a C$5.30 price target on B2Gold Corp. and gave the stock an “outperform” rating in a research note on Thursday, March 16th. Royal Bank of Canada boosted their price target on B2Gold Corp. from C$4.50 to C$5.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 7th. Finally, BMO Capital Markets set a C$5.00 price target on B2Gold Corp. and gave the stock an “outperform” rating in a research note on Monday, April 3rd. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of C$4.94.
B2Gold Corp. (TSE:BTO) traded down 1.08% during trading on Friday, reaching $3.68. The company had a trading volume of 3,437,135 shares. The company has a market capitalization of $3.58 billion and a P/E ratio of 92.00. B2Gold Corp. has a 12 month low of $2.28 and a 12 month high of $4.74. The firm’s 50 day moving average is $3.87 and its 200-day moving average is $3.66.
ILLEGAL ACTIVITY WARNING: “Scotiabank Reaffirms Outperform Rating for B2Gold Corp. (BTO)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.thecerbatgem.com/2017/04/21/scotiabank-analysts-give-b2gold-corp-bto-a-c5-00-price-target.html.
In related news, insider John Alex Rajala sold 13,027 shares of the business’s stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of C$3.82, for a total value of C$49,763.14. Also, Director Kevin Bullock acquired 63,000 shares of the stock in a transaction that occurred on Wednesday, April 12th. The stock was purchased at an average cost of C$0.84 per share, with a total value of C$52,920.00. Over the last three months, insiders sold 460,353 shares of company stock valued at $1,753,971.
B2Gold Corp. Company Profile
Receive News & Stock Ratings for B2Gold Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold Corp. and related stocks with our FREE daily email newsletter.