African Barrick Gold (LON: ABG)‘s stock had its “overweight” rating reaffirmed by research analysts at HSBC in a report released on Friday.

African Barrick Gold opened at 476.90 on Friday. African Barrick Gold has a 52-week low of GBX 301.40 and a 52-week high of GBX 575.00. The company’s market cap is £1.956 billion.

ABG has been the subject of a number of other recent research reports. Analysts at Barclays Capital reiterated an “underweight” rating on shares of African Barrick Gold in a research note to investors on Friday, October 12th. They now have a $7.06 price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of African Barrick Gold in a research note to investors on Wednesday, October 10th. They now have a $9.68 price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of African Barrick Gold in a research note to investors on Thursday, October 4th. They now have a $7.99 price target on the stock.

African Barrick Gold Plc. (ABG) is engaged in gold production on Tanzania. ABG has four producing mines, located in north-west Tanzania, and exploration projects.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.