Canadian Imperial Bank of Commerce upgraded shares of Allied Gold (TSE:AAU – Free Report) to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.
Other research analysts also recently issued research reports about the company. Canaccord Genuity Group upgraded Allied Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 1st. Stifel Nicolaus upgraded Allied Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, National Bank Financial upgraded Allied Gold to a “hold” rating in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.
Allied Gold Price Performance
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