Research analysts at Citigroup dropped their target price on shares of Randgold Resources Ltd (LON: RRS) from $93.12 (6000 GBX) to $85.98 (5540 GBX) in a report released on Friday. The firm currently has a “sell” rating on the stock.

Randgold Resources Ltd traded down 3.79% on Friday, hitting GBX 5580.00. Randgold Resources Ltd has a 1-year low of GBX 4480.00 and a 1-year high of GBX 7891.8701. The stock’s 50-day moving average is currently GBX 7451.93. The company’s market cap is £5.140 billion.

A number of other firms have also recently commented on RRS. Analysts at Societe Generale reiterated a “buy” rating on shares of Randgold Resources Ltd in a research note to investors on Tuesday, February 5th. They now have a $125.98 price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Randgold Resources Ltd in a research note to investors on Wednesday, January 23rd. They now have a $126.30 price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Randgold Resources Ltd in a research note to investors on Monday, January 14th. They now have a $145.16 price target on the stock.

Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa.

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