Goldcorp Inc. (TSE:G) (NYSE:GG) has been given a consensus rating of “Buy” by the seven analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$22.35.

G has been the subject of several research reports. National Bank Financial lowered their price objective on shares of Goldcorp from C$22.50 to C$22.00 and set a “sector perform” rating for the company in a research note on Friday, July 28th. Canaccord Genuity upped their price target on shares of Goldcorp from C$21.00 to C$21.50 in a research report on Thursday, October 26th. TD Securities decreased their price target on shares of Goldcorp to C$25.00 and set a “buy” rating for the company in a research report on Friday, August 4th. Royal Bank Of Canada raised shares of Goldcorp from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$15.00 to C$18.00 in a research report on Wednesday, November 1st. Finally, Scotiabank decreased their price target on shares of Goldcorp to C$22.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st.

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In other Goldcorp news, insider Russell David Ball sold 2,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of C$16.82, for a total value of C$33,640.00. Insiders sold a total of 6,720 shares of company stock worth $113,486 in the last quarter.

Shares of Goldcorp (TSE G) traded down C$0.03 during midday trading on Friday, hitting C$16.87. 1,294,512 shares of the stock traded hands, compared to its average volume of 2,589,397. Goldcorp has a one year low of C$15.56 and a one year high of C$23.35.

About Goldcorp

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Analyst Recommendations for Goldcorp (TSE:G)

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