RBC Capital analyst Josh Wolfson maintained a Buy rating on Barrick Gold (GOLD – Research Report) on April 1 and set a price target of $18.00. The company’s shares closed yesterday at $17.42.
Wolfson covers the Basic Materials sector, focusing on stocks such as Barrick Gold, Franco-Nevada, and Gold Fields. According to TipRanks, Wolfson has an average return of 3.5% and a 61.33% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Barrick Gold with a $20.34 average price target.
GOLD market cap is currently $30.15B and has a P/E ratio of 23.70.
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Barrick Gold (GOLD) Company Description:
Canada-based Barrick Gold Corp. is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development.
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