Alamos Gold Price Target Lowered to $22.00 at Scotiabank (AGI)
Alamos Gold (TSE: AGI) had its price target lowered by Scotiabank from $23.00 to $22.00 in a research note released on Wednesday morning. They currently have an outperform rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Desjardins cut their price target on shares of Alamos Gold from $25.00 to $20.00 in a research note to investors on Friday, February 22nd. They now have a buy rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Alamos Gold from $27.50 to $22.00 in a research note to investors on Thursday, January 17th. Finally, analysts at TD Securities downgraded shares of Alamos Gold from an action list buy rating to a buy rating in a research note to investors on Tuesday, January 15th. They now have a $23.00 price target on the stock, down previously from $25.00.
Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of Buy and an average target price of $22.50.
Alamos Gold (TSE: AGI) opened at 14.80 on Wednesday. Alamos Gold has a 52-week low of $14.01 and a 52-week high of $15.53. The stock’s 50-day moving average is currently $14.. The company has a market cap of $1.886 billion and a price-to-earnings ratio of 14.87.
Alamos Gold Inc. is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey.
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