Nomura Reaffirms Buy Rating on African Barrick Gold (ABG)
African Barrick Gold (LON: ABG)‘s stock had its “buy” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Wednesday. They currently have a $9.68 (605 GBX) price target on the stock.
A number of other analysts have also recently weighed in on ABG. 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. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of African Barrick Gold in a research note to investors on Wednesday, October 3rd. They now have a $6.13 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of African Barrick Gold in a research note to investors on Tuesday, October 2nd. They now have a $8.71 price target on the stock.
African Barrick Gold opened at 477.00 on Wednesday. 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.
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.
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