Alamos Gold Price Target Lowered to $22.00 at Scotiabank (AGI)
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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