B2Gold Corp. (NYSEMKT:BTG) Receives $3.08 Average Price Target from Brokerages
Shares of B2Gold Corp. (NYSEMKT:BTG) have been assigned an average rating of “Buy” from the nine analysts that are presently covering the company. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $3.08.
A number of research firms recently issued reports on BTG. Dundee Securities downgraded shares of B2Gold Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday, July 14th. National Bank Financial downgraded shares of B2Gold Corp. from an “outperform market weight” rating to a “sector perform overweight” rating in a research note on Wednesday, July 13th.
Shares of B2Gold Corp. (NYSEMKT:BTG) opened at 2.22 on Wednesday. B2Gold Corp. has a 52 week low of $0.60 and a 52 week high of $3.65. The stock’s 50 day moving average is $2.76 and its 200-day moving average is $2.45. The company’s market cap is $2.09 billion.
Several large investors have recently made changes to their positions in the stock. BlackRock Fund Advisors increased its position in B2Gold Corp. by 225.2% in the first quarter. BlackRock Fund Advisors now owns 187,231 shares of the company’s stock valued at $311,000 after buying an additional 129,663 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in B2Gold Corp. by 59.7% in the first quarter. UBS Asset Management Americas Inc. now owns 1,082,348 shares of the company’s stock valued at $1,808,000 after buying an additional 404,513 shares in the last quarter. Finally, PCJ Investment Counsel Ltd. bought a new position in B2Gold Corp. during the first quarter valued at approximately $1,135,000.
B2Gold Corp. Company Profile
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