Allied Gold (TSE:AAU – Get Free Report) was upgraded by research analysts at Canadian Imperial Bank of Commerce to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.
Several other analysts have also recently weighed in on AAU. Canaccord Genuity Group raised shares of Allied Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, June 1st. Stifel Nicolaus upgraded Allied Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, National Bank Financial upgraded shares of Allied Gold to a “hold” rating in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.
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