B2Gold Corp (BTG) Given Consensus Recommendation of “Hold” by Analysts
B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $4.00.
Several equities analysts have issued reports on BTG shares. BidaskClub lowered shares of B2Gold from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. Zacks Investment Research raised shares of B2Gold from a “hold” rating to a “buy” rating and set a $3.25 price objective on the stock in a report on Wednesday, October 11th. National Bank Financial raised shares of B2Gold from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Monday, September 25th. Finally, ValuEngine raised shares of B2Gold from a “sell” rating to a “hold” rating in a report on Friday, September 1st.
B2Gold (NYSEAMERICAN:BTG) opened at $2.61 on Thursday. B2Gold has a 1-year low of $2.02 and a 1-year high of $3.55.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlueCrest Capital Management Ltd acquired a new position in B2Gold during the second quarter valued at $112,000. Alliancebernstein L.P. acquired a new position in B2Gold during the second quarter valued at $124,000. World Asset Management Inc acquired a new position in B2Gold during the second quarter valued at $155,000. ARP Americas LLC lifted its position in B2Gold by 63.7% during the third quarter. ARP Americas LLC now owns 69,666 shares of the basic materials company’s stock valued at $192,000 after purchasing an additional 27,100 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in B2Gold by 18.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 70,650 shares of the basic materials company’s stock valued at $199,000 after purchasing an additional 10,800 shares during the period.
B2Gold Company Profile
Receive News & Ratings for B2Gold Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.