Barrick Gold Corporation (USA) (NYSE:ABX) has been upgraded to Buy in a report by Deutsche Bank AG today.
- Updated: October 3, 2016
Just yesterday Barrick Gold Corporation (USA) (NYSE:ABX) traded -2.31% lower at $17.72. Barrick Gold Corporation (USA)’s 50-day moving average is $18.60 and its 200-day moving average is $18.47. The last stock price is down -6.29% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 7,699,990 shares of ABX traded hands, down from an average trading volume of 16,901,100
Deutsche Bank AG has upgraded Barrick Gold Corporation (USA) (NYSE:ABX) to Buy in a statement released on 10/03/2016.
Previously on 9/28/2016, Zacks Investment Research released a statement about Barrick Gold Corporation (USA) (NYSE:ABX) increased the target price from $0.00 to $20.00. At the time, this indicated a possible upside of 0.15%.
Recent Performance Chart
Barrick Gold Corporation (USA) has 52 week low of $6.61 and a 52 week high of $23.47 and has a market capitalization of $0.
In addition to Deutsche Bank AG reporting its stock price target, a total of 21 brokerages have issued a ratings update on the company. The average stock price target is $19.50 with 2 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 14 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Barrick Gold Corporation (USA) (NYSE:ABX)
Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. Barricks' segments include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project. Its material properties include Cortez Property, Goldstrike Property, Pueblo Viejo Mine, Lagunas Norte Mine and Veladero Mine. The Company's gold mines include Bulyanhulu, Buzwagi, North Mara, Kalgoorlie, Porgera, Williams Mine, Goldstrike Open Pit, Goldstrike Underground, South Arturo, Round Mountain, Bald Mountain, Cortez, Golden Sunlight, Turquoise Ridge, Pueblo Viejo, Lagunas Norte, Pascua-Lama, Cerro Casale and Veladero. Its copper mines include Zaldivar, Lumwana and Jabal Sayid.
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.