November 30, 2016 - By Louis Casey
They currently have a GBX 7180.00 TP on Randgold Resources Ltd (LON:RRS). Canaccord Genuity’s target would suggest a potential upside of 23.74% from the company’s close price. This was revealed to clients and investors in an analyst report on 30 November.
Out of 22 analysts covering Randgold Resources Ltd (LON:RRS), 14 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 64% are positive. GBX 12000 is the highest target while GBX 3650 is the lowest. The GBX 7136.36 average target is 22.93% above today’s (GBX 5805) stock price. Randgold Resources Ltd has been the topic of 163 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Deutsche Bank given on Tuesday, December 1. The stock of Randgold Resources Limited (LON:RRS) has “Hold” rating given on Monday, July 18 by Deutsche Bank. Numis Securities maintained Randgold Resources Limited (LON:RRS) on Wednesday, August 5 with “Add” rating. On Wednesday, July 13 the stock rating was maintained by Deutsche Bank with “Hold”. The stock has “Overweight” rating given by JP Morgan on Friday, August 7. The firm has “Overwt/In-Line” rating by Morgan Stanley given on Thursday, September 17. The firm has “Neutral” rating given on Friday, November 6 by JP Morgan. As per Thursday, June 30, the company rating was maintained by Credit Suisse. The company was maintained on Tuesday, August 11 by Numis Securities. The firm has “Hold” rating given on Thursday, August 4 by Panmure Gordon.
About 256,938 shares traded hands. Randgold Resources Limited (LON:RRS) has declined 13.66% since May 2, 2016 and is downtrending. It has underperformed by 18.89% the S&P500.
Randgold Resources Limited is engaged in the gold mining, exploration and related activities. The company has a market cap of 5.47 billion GBP. The Company’s activities are focused on West and Central Africa. It has a 31.84 P/E ratio. The Firm operates through the gold mining segment.
More news for Randgold Resources Limited (LON:RRS) were recently published by: Nasdaq.com, which released: “Randgold Resources Limited (Nasdaq: GOLD) to Ring The Nasdaq Stock Market …” on November 18, 2016. Marketwired.com‘s article titled: “Randgold Resources Limited: 3rd Quarter Results and updates” and published on November 03, 2016 is yet another important article.
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By Louis Casey