Barrick Gold Corp (ABX) Given Average Recommendation of “Hold” by Analysts
Shares of Barrick Gold Corp (TSE:ABX) (NYSE:ABX) have received a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$25.17.
ABX has been the topic of a number of research analyst reports. Clarkson Capital reaffirmed a “neutral” rating on shares of Barrick Gold Corp in a report on Wednesday, May 10th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$24.00 target price on shares of Barrick Gold Corp in a report on Thursday, May 25th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barrick Gold Corp in a report on Friday, June 23rd. Scotiabank reaffirmed a “sector perform” rating and issued a C$30.00 target price on shares of Barrick Gold Corp in a report on Tuesday, July 4th. Finally, TD Securities reaffirmed a “hold” rating and issued a C$27.00 target price on shares of Barrick Gold Corp in a report on Tuesday, July 4th.
WARNING: “Barrick Gold Corp (ABX) Given Average Recommendation of “Hold” by Analysts” was published by Watch List News and is the property of of Watch List News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international copyright and trademark law. The legal version of this report can be viewed at https://www.watchlistnews.com/barrick-gold-corp-abx-given-average-recommendation-of-hold-by-analysts/1545386.html.
Barrick Gold Corp (TSE:ABX) traded down 3.11% during midday trading on Wednesday, reaching $21.83. The company had a trading volume of 2,414,610 shares. Barrick Gold Corp has a one year low of $18.52 and a one year high of $27.19. The stock’s 50 day moving average price is $21.27 and its 200-day moving average price is $22.80. The firm has a market capitalization of $25.45 billion and a P/E ratio of 10.81.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a $0.03 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $0.12 annualized dividend and a yield of 0.55%.
About Barrick Gold Corp
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company’s segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.
Receive News & Ratings for Barrick Gold Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Gold Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.