Allied Gold (TSE:AAU) Raised to “Strong-Buy” at Stifel Nicolaus

Allied Gold (TSE:AAUGet Free Report) was upgraded by equities researchers at Stifel Nicolaus from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

A number of other equities research analysts have also weighed in on AAU. National Bank Financial upgraded Allied Gold to a “hold” rating in a research report on Wednesday. Canaccord Genuity Group raised Allied Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

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