Gold Reserve (OTCMKTS:GAPFF) had its target price boosted by equities research analysts at TD Securities from $5.50 to $6.00 in a research report issued on Wednesday, The Fly reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 98.68% from the company’s current price.

Separately, Jefferies Financial Group initiated coverage on shares of Gold Reserve in a research report on Monday, July 6th. They issued a “buy” rating for the company.

Shares of GAPFF traded up $0.11 on Wednesday, hitting $3.02. The company’s stock had a trading volume of 238,394 shares, compared to its average volume of 46,892. The company has a 50 day moving average price of $2.54 and a 200 day moving average price of $2.07. Gold Reserve has a fifty-two week low of $1.12 and a fifty-two week high of $3.14.

About Gold Reserve

Aimia Inc, through its subsidiaries, operates as a data-driven marketing and loyalty analytics company worldwide. It operates in two segments, Coalitions, and Insights & Loyalty Solutions. The Coalitions segment invests in Club Premier, a Mexican coalition loyalty program; and BIG Loyalty, AirAsia's loyalty program.

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