Alamos Gold Inc (AGI) Given Consensus Rating of “Buy” by Analysts
Shares of Alamos Gold Inc (TSE:AGI) (NYSE:AGI) have been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$11.81.
Several equities analysts have recently weighed in on the stock. National Bank Financial reduced their target price on shares of Alamos Gold from C$12.00 to C$11.00 and set an “outperform” rating for the company in a research note on Friday, February 23rd. Laurentian set a C$9.50 target price on shares of Alamos Gold and gave the stock a “buy” rating in a research note on Monday, February 5th. Canaccord Genuity lifted their target price on shares of Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, January 19th. Scotiabank reduced their target price on shares of Alamos Gold to C$11.50 and set a “sector perform” rating for the company in a research note on Monday, December 18th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$11.50 target price on shares of Alamos Gold in a research note on Friday, December 15th.
Alamos Gold (TSE AGI) opened at C$6.40 on Friday. The firm has a market cap of $2,490.00 and a PE ratio of 58.18. Alamos Gold has a 12 month low of C$6.23 and a 12 month high of C$11.36.
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About Alamos Gold
Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.
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