Randgold Resources Limited (RRS) Rating Reiterated by Macquarie
Randgold Resources Limited (LON:RRS)‘s stock had its “outperform” rating restated by stock analysts at Macquarie in a note issued to investors on Tuesday.
A number of other research analysts have also recently commented on RRS. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 7,100 ($92.68) target price on shares of Randgold Resources Limited in a research report on Monday, July 18th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 6,300 ($82.23) target price on shares of Randgold Resources Limited in a research report on Friday, August 5th. Panmure Gordon upped their target price on shares of Randgold Resources Limited from GBX 6,750 ($88.11) to GBX 6,892 ($89.96) and gave the company a “hold” rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 6,500 ($84.85) target price on shares of Randgold Resources Limited in a research report on Monday, June 27th. Finally, Canaccord Genuity reaffirmed a “hold” rating on shares of Randgold Resources Limited in a research report on Thursday, August 4th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. Randgold Resources Limited currently has a consensus rating of “Hold” and an average price target of GBX 6,489.45 ($84.71).
Shares of Randgold Resources Limited (LON:RRS) opened at 7985.0000 on Tuesday. Randgold Resources Limited has a 1-year low of GBX 3,711.00 and a 1-year high of GBX 9,820.00. The firm’s market capitalization is GBX 7.48 billion. The company has a 50-day moving average of GBX 7,944.03 and a 200-day moving average of GBX 7,217.23.
Randgold Resources Limited Company Profile
Randgold Resources Limited is engaged in the gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali.
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