Jefferies & Co disclosed Barrick Gold Corp ABX (NYSE:ABX), stepping up its target to $24.00 earlier today
- Updated: April 20, 2017
In a report released on 04/20/2017 Jefferies & Co raised the target price of Barrick Gold Corp ABX (NYSE:ABX) from $21.00 to $24.00 reporting a possible upside of 0.25%.
On Monday April 10, 2017, Vetr Inc. released a statement on Barrick Gold Corp ABX (NYSE:ABX) upped the target price from $0.00 to $21.75. At the time, this suggested an upside of 0.14%.
Showing a price of $19.15, Barrick Gold Corp ABX (NYSE:ABX) traded 1.53% higher on the day. With the last stock price up 10.63% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. Barrick Gold Corp ABX has recorded a 50-day average of $18.98 and a two hundred day average of $17.35. Trading volume was down over the average, with 11,571,424 shares of ABX changing hands under the typical 14,710,800
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Barrick Gold Corp ABX has PE ratio of 34.29 with a one year low of $13.81 and a one year high of $23.47 and has a total market value of $0.
A total of 21 firms have reported on the stock. 2 brokerages rating the stock a strong buy, 8 brokers rating the stock a buy, 14 brokers rating the stock a hold, two analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $19.50.
More About Barrick Gold Corp ABX (NYSE:ABX)
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines. Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero and Turquoise Ridge are its individual gold mines. The Company, through its subsidiary, Acacia, owns gold mines and exploration properties in Africa. It also holds interest in gold mines, including Porgera and Kalgoorlie, and copper mines, such as Zaldivar and Lumwana. The Pascua-Lama project is located on the border between Chile and Argentina. The Company has nine producing gold mines, which are located in Canada, the United States, Peru, Argentina, Australia and the Dominican Republic.
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