Alamos Gold (AGI) Price Target Cut to C$12.00
Alamos Gold (TSE:AGI) (NYSE:AGI) had its price target dropped by research analysts at CIBC from C$13.50 to C$12.00 in a research note issued on Thursday. CIBC’s price target would suggest a potential upside of 53.06% from the company’s current price.
Other research analysts have also issued reports about the company. Raymond James Financial upped their target price on Alamos Gold from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research report on Thursday, September 14th. BMO Capital Markets reduced their target price on Alamos Gold from C$14.00 to C$11.50 in a research report on Friday, November 24th. Finally, Desjardins reaffirmed a “hold” rating on shares of Alamos Gold in a research report on Monday, December 11th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of C$12.44.
Alamos Gold (TSE AGI) opened at C$7.84 on Thursday. Alamos Gold has a 1 year low of C$7.53 and a 1 year high of C$11.83.
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Alamos Gold Company Profile
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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