Analysts Set Barrick Gold Corp (ABX) Target Price at $26.17

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02 June, 2017

Finally, Berenberg Bank set a $15.00 price target on shares of Barrick Gold Corp and gave the stock a "sell" rating in a research report on Saturday, May 27th. They are projecting Next Quarter growth of -16.7%. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/analysts-set-barrick-gold-corp-abx-target-price-at-26-17/897364.html.

Barrick Gold Corp (NYSE ABX) traded down 1.421% during trading on Friday, reaching $16.305. The average numbers of shares are traded in a security per day, during the recent 3-month period.

Barrick Gold Corporation (ABX) reported sales (ttm) of 8.62 Billion, whereas, 5 number of analysts estimated the mean sale of 2126.62 million. It has underperformed by 16.70% the S&P500.

Ccm Investment Advisers Llc decreased Medtronic Plc (MDT) stake by 4.06% reported in 2016Q4 SEC filing. 1832 Asset Management L.P. now owns 7,822 shares of the basic materials company's stock valued at $139,000 after buying an additional 802 shares during the last quarter. Quadrant Capital Group LLC now owns 5,592 shares of the basic materials company's stock valued at $104,000 after buying an additional 4,104 shares during the last quarter. Apple Inc Com now has $793.93B valuation. The stock declined 0.42% or $0.64 reaching $150.25 on the news. The target implies a 30.23% spike from where the shares are now trading. Wi-LAN Inc (TSE:WIN) has 0.00% since June 1, 2016 and is. It has outperformed by 1.55% the S&P500. Airain ltd increased its stake in Barrick Gold Corp by 3,164.5% in the third quarter. It also upped Pioneer Natural Resources Co. Ibm Retirement Fund accumulated 8,946 shares or 0.03% of the stock. Consolidated Edison Inc (NYSE:ED) was raised too.

Barrick Gold Corporation (ABX) now has P/E (Price to Earnings) ratio of 13.51 while the company's industry has 261.75 P/E and the sector P/E is 37.77. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and ten have given a buy recommendation to the company. Therefore 100% are positive. Canaccord Genuity raised their price objective on Barrick Gold Corp from C$28.00 to C$29.00 in a research note on Friday, February 3rd. The stock of Barrick Gold Corp (USA) (NYSE:ABX) earned "Hold" rating by TD Securities on Thursday, May 25. RBC Capital Markets maintained Barrick Gold Corp (USA) (NYSE:ABX) on Thursday, May 25 with "Buy" rating. Barclays Capital maintained the stock with "Overweight" rating in Tuesday, January 12 report. The stock of Barrick Gold Corp (USA) (NYSE:ABX) earned "Buy" rating by Citigroup on Tuesday, August 2. The rating was initiated by IBC with "Sector Perform" on Friday, July 24. On Wednesday, March 23 the stock rating was downgraded by Deutsche Bank to "Hold". JP Morgan maintained the shares of ABX in report on Tuesday, March 15 with "Neutral" rating.

10/03/2016 - Barrick Gold Corporation was upgraded to " by analysts at Deutsche Bank.

Barrick Gold Corporation (ABX) reported earning per shares for the quarter ending April 24 AMC, whereas, 13 number of analysts estimated the mean EPS at 0.18. This leaves us with a quarter on quarter earnings per share growth of 917.40%. NDAQ's profit will be $162.44 million for 17.31 P/E if the $0.98 EPS becomes a reality.

In other Barrick Gold Corp news, Director John Lawson Thornton bought 26,750 shares of Barrick Gold Corp stock in a transaction on Thursday, March 16th.

Investors sentiment increased to 1 in 2016 Q4. Its up 0.08, from 0.73 in 2016Q3. It dived, as 59 investors sold NDAQ shares while 162 reduced holdings. ABX's value Change from Open was at -0.43% with a Gap of -1.39%. Davis invested 2.1% in Apple Inc. Korea Corp has invested 0.14% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ). To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. Driehaus Cap Mngmt Limited Liability Com reported 0.01% stake. (NASDAQ:AAPL). Hgk Asset reported 2.29% of its portfolio in Apple Inc.

Avalon Advisors Llc decreased United Technologies Corp Cmn (NYSE:UTX) stake by 3,747 shares to 129,910 valued at $14.24 million in 2016Q4.


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