Citigroup upgraded shares of Randgold Resources (LON:RRS) to a buy rating in a research report report published on Tuesday.

Several other research firms have also commented on RRS. Royal Bank Of Canada raised shares of Randgold Resources to a sector performer rating and upped their price target for the company from GBX 5,800 ($78.06) to GBX 6,600 ($88.83) in a report on Monday. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 8,300 ($111.71) price target on shares of Randgold Resources in a report on Monday, November 6th. Investec reaffirmed a buy rating and issued a GBX 9,000 ($121.13) price target on shares of Randgold Resources in a report on Friday, November 3rd. Berenberg Bank reaffirmed a buy rating and issued a GBX 7,400 ($99.60) price target on shares of Randgold Resources in a report on Thursday, November 2nd. Finally, Barclays reaffirmed an overweight rating and issued a GBX 8,000 ($107.67) price target on shares of Randgold Resources in a report on Tuesday, October 24th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Randgold Resources has a consensus rating of Buy and an average price target of GBX 7,771.67 ($104.60).

Shares of Randgold Resources (RRS) opened at GBX 6,785 ($91.32) on Tuesday. Randgold Resources has a twelve month low of GBX 5,410 ($72.81) and a twelve month high of GBX 8,255 ($111.10).

ILLEGAL ACTIVITY NOTICE: This report was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/12/06/randgold-resources-rrs-upgraded-to-buy-by-citigroup.html.

About Randgold Resources

Randgold Resources Limited is engaged in 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 various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).

Analyst Recommendations for Randgold Resources (LON:RRS)

Receive News & Stock Ratings for Randgold Resources Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Randgold Resources Limited and related stocks with our FREE daily email newsletter.