Barrick Gold Co. ( TSE:ABX – Get Free Report ) (NYSE:ABX) has been given a consensus recommendation of “Buy” by the thirteen analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is C$67.67.
A number of research analysts recently issued reports on ABX shares. Royal Bank Of Canada cut their price objective on Barrick Gold from C$51.00 to C$49.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Citigroup raised Barrick Gold to a “hold” rating in a report on Thursday, September 3rd. Barclays upped their price target on shares of Barrick Gold from C$55.00 to C$58.00 in a research note on Thursday, August 13th. National Bank Financial raised their target price on shares of Barrick Gold from C$67.50 to C$70.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Finally, Canaccord Genuity Group raised their price target on Barrick Gold fro...