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Deutsche Bank disclosed Goldcorp (NYSE:GG), stepping up its target to $16.00 earlier today

Only yesterday Goldcorp (NYSE:GG) traded -4.96% lower at $16.52. GG’s 50-day moving average is $16.69 and its 200-day moving average is $17.56. The last stock close price is down -10.60% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 6,367,292 shares of the stock traded hands, down from an average trading volume of 8,312,880

Deutsche Bank upped the price target of Goldcorp (NYSE:GG) to $16.00 reporting a potential downside of -0.03%.

See Chart Below

Goldcorp (NYSE:GG)

Goldcorp has a with a one year low of $9.46 and a one year high of $20.38 GG’s total market value is presently $0.

A total of 20 brokerages have issued a ratings update on Goldcorp. One brokerage rating the company a strong buy, eight brokerages rating the company a buy, nine brokerages rating the company a hold, three brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $19.18.

General Company Details For Goldcorp (NYSE:GG)

Goldcorp Inc. is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company's segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc. (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito S.A. de C.V. and Camino Rojo S.A. de C.V. (Penasquito), Desarrollos Mineros San Luis S.A. de C.V. (Los Filos), Montana Exploradora de Guatemala S.A. (Marlin), Oroplata S.A. (Cerro Negro), Corredor SpA (Project Corridor), Minera Alumbrera Limited (Alumbrera), El Morro and Pueblo Viejo Dominicana Corporation (Pueblo Viejo). The Red Lake Mines are situated approximately 180 kilometers north of the town of Dryden, District of Kenora, northwestern Ontario.

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