ValuEngine upgraded shares of B2Gold Corp (NYSE:BTG) (TSE:BTO) from a sell rating to a hold rating in a research note issued to investors on Friday.

A number of other analysts have also weighed in on BTG. BidaskClub upgraded B2Gold Corp from a sell rating to a hold rating in a report on Saturday, August 12th. National Bank Financial restated a sector perform market weight rating on shares of B2Gold Corp in a report on Monday, July 31st. Zacks Investment Research lowered B2Gold Corp from a hold rating to a sell rating in a report on Wednesday, May 10th. Finally, Clarus Securities restated a buy rating on shares of B2Gold Corp in a report on Thursday, May 4th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $4.50.

B2Gold Corp (NYSE:BTG) opened at 2.77 on Friday. The company has a market cap of $2.71 billion and a price-to-earnings ratio of 46.95. The company’s 50-day moving average price is $2.59 and its 200-day moving average price is $2.73. B2Gold Corp has a 52-week low of $2.02 and a 52-week high of $3.55.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its position in shares of B2Gold Corp by 93.0% in the 1st quarter. Russell Investments Group Ltd. now owns 1,202,186 shares of the basic materials company’s stock valued at $3,411,000 after acquiring an additional 579,200 shares during the period. Credit Suisse AG increased its position in shares of B2Gold Corp by 67.8% in the 1st quarter. Credit Suisse AG now owns 1,050,636 shares of the basic materials company’s stock valued at $2,973,000 after acquiring an additional 424,516 shares during the period. Tower Research Capital LLC TRC increased its position in shares of B2Gold Corp by 4,541.6% in the 1st quarter. Tower Research Capital LLC TRC now owns 121,841 shares of the basic materials company’s stock valued at $345,000 after acquiring an additional 119,216 shares during the period. Swiss National Bank increased its position in shares of B2Gold Corp by 2.8% in the 1st quarter. Swiss National Bank now owns 1,588,229 shares of the basic materials company’s stock valued at $4,526,000 after acquiring an additional 44,000 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of B2Gold Corp by 13.5% in the 1st quarter. Renaissance Technologies LLC now owns 11,332,097 shares of the basic materials company’s stock valued at $32,076,000 after acquiring an additional 1,350,100 shares during the period.

B2Gold Corp Company Profile

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Analyst Recommendations for B2Gold Corp (NYSE:BTG)

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