Scotiabank Analysts Give B2Gold (BTO) a C$5.00 Price Target
B2Gold (TSE:BTO) (NYSE:BTG) has been given a C$5.00 target price by Scotiabank in a note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 29.87% from the company’s current price.
A number of other research firms have also commented on BTO. National Bank Financial lifted their price objective on B2Gold from C$6.00 to C$6.50 and gave the stock an “outperform” rating in a research note on Friday. Canaccord Genuity lifted their price objective on B2Gold from C$5.00 to C$5.50 in a research note on Friday, September 29th. Eight Capital lifted their price objective on B2Gold from C$4.50 to C$4.75 in a research note on Monday, November 27th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$5.00 price objective on shares of B2Gold in a research note on Tuesday, December 5th. Seven equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of C$5.28.
B2Gold (BTO) opened at C$3.85 on Friday. The company has a market capitalization of $3,770.00, a PE ratio of 96.25 and a beta of 0.59. B2Gold has a 12 month low of C$2.96 and a 12 month high of C$4.64.
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