A statement released earlier today by Jefferies International about Randgold Resources Ltd (LON:RRS) bumps down the target price to 9,500.00GBX
- Updated: October 13, 2016
Having a price of 6,960.00GBX, Randgold Resources Ltd (LON:RRS) traded -0.78% lower on the day. With the last close down -4.78% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Randgold Resources Ltd has recorded a 50-day average of 7,473.19GBX and a two hundred day average of 7,325.42GBX. Volume of trade was down over the average, with 110,786 shares of RRS changing hands under the typical 590,869
Stating a potential upside of 0.36%, Jefferies International dropped the price target of Randgold Resources Ltd (LON:RRS) to 9,500.00GBX
On 10/11/2016, Numis released a statement on Randgold Resources Ltd (LON:RRS) dropped the target price from 9,000.00GBX to 8,500.00GBX that suggested an upside of 0.20%.
With a total market value of 0 GBX, Randgold Resources Ltd has price-earnings ratio of 34.51 with a one year low of 3,870.00GBX and a one year high of 9,820.00GBX .
A total of 22 analysts have released a research note on Randgold Resources Ltd. Two analysts rating the company a strong buy, four analysts rating the company a buy, fourteen analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of 94.84GBX.
More About Randgold Resources Ltd (LON:RRS)
Randgold Resources Limited is engaged in the gold mining, exploration and related activities. The Company's activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali. The Company holds a controlling interest in the Loulo mine, located in Mali, through Societe des Mines de Loulo SA (Loulo). The Company has a controlling interest in the Gounkoto mine through Societe des Mines de Gounkoto SA (Gounkoto). The Company holds controlling interest in the Tongon mine, which is located within the Nielle exploitation permit in the north of Cote d'Ivoire. It is exploring in over four African countries, such as Mali, Senegal, Cote d'Ivoire and the Democratic Republic of Congo (DRC), with a portfolio of approximately 141 targets on over 12,310 kilometers of ground holding.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.