Shares of Randgold Resources Limited (LON:RRS) have earned a consensus recommendation of “Buy” from the eighteen analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 7,681.41 ($100.03).

RRS has been the topic of several research reports. Jefferies Group LLC boosted their price objective on shares of Randgold Resources Limited from GBX 8,700 ($113.30) to GBX 9,000 ($117.20) and gave the stock a “buy” rating in a research note on Tuesday, April 18th. Panmure Gordon reiterated a “buy” rating and issued a GBX 8,309 ($108.20) target price on shares of Randgold Resources Limited in a research note on Thursday, May 4th. Beaufort Securities restated a “buy” rating and set a GBX 8,000 ($104.18) price objective on shares of Randgold Resources Limited in a research report on Friday, May 5th. Investec restated a “buy” rating and set a GBX 8,194 ($106.71) price objective on shares of Randgold Resources Limited in a research report on Wednesday, June 21st. Finally, Numis Securities Ltd restated a “buy” rating and set a GBX 9,000 ($117.20) price objective on shares of Randgold Resources Limited in a research report on Friday, August 4th.

In other Randgold Resources Limited news, insider Safiatou Francoise Ba-N’Dawrrs bought 32 shares of the company’s stock in a transaction dated Friday, May 26th. The stock was acquired at an average price of GBX 7,250 ($94.41) per share, with a total value of £2,320 ($3,021.23). Also, insider D Mark Bristow sold 50,000 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of GBX 7,244 ($94.34), for a total transaction of £3,622,000 ($4,716,759.99).

TRADEMARK VIOLATION WARNING: This report was originally posted by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was stolen and republished in violation of US & international copyright laws. The legal version of this report can be read at https://www.dailypolitical.com/2017/08/12/randgold-resources-limited-rrs-receives-average-recommendation-of-buy-from-analysts.html.

Shares of Randgold Resources Limited (LON RRS) opened at 7475.00 on Friday. Randgold Resources Limited has a 12 month low of GBX 5,410.00 and a 12 month high of GBX 8,770.00. The firm’s 50-day moving average is GBX 6,983.10 and its 200-day moving average is GBX 7,124.66. The company’s market cap is GBX 7.03 billion.

Randgold Resources Limited Company Profile

Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).

Analyst Recommendations for Randgold Resources Limited (LON:RRS)

Receive News & Ratings for Randgold Resources Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Randgold Resources Limited and related companies with MarketBeat.com's FREE daily email newsletter.