Randgold Resources Limited (LON:RRS)‘s stock had its “outperform” rating reissued by Macquarie in a report issued on Monday. They presently have a GBX 9,500 ($117.57) price objective on the stock. Macquarie’s price target would indicate a potential upside of 38.49% from the company’s previous close.
A number of other research analysts have also commented on the stock. Numis Securities Ltd reiterated a ” hold” rating on shares of Randgold Resources Limited in a research note on Wednesday, July 20th. Jefferies Group upgraded shares of Randgold Resources Limited to a “buy” rating in a research note on Thursday, July 14th. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Randgold Resources Limited in a research note on Monday, June 27th. Investec upgraded shares of Randgold Resources Limited to a “buy” rating in a research note on Tuesday, July 19th. Finally, Canaccord Genuity upgraded shares of Randgold Resources Limited to a “buy” rating and set a GBX 8,590 ($106.31) price objective on the stock in a research note on Thursday, September 1st. Three analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 6,741.70 ($83.44).
Randgold Resources Limited (LON:RRS) opened at 6815.00 on Monday. Randgold Resources Limited has a one year low of GBX 3,870.00 and a one year high of GBX 9,820.00. The firm has a 50-day moving average price of GBX 7,456.62 and a 200 day moving average price of GBX 7,324.21. The firm’s market capitalization is GBX 6.38 billion.
Randgold Resources Limited Company Profile
Randgold Resources Limited is engaged in the 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 mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company holds Morila Limited, which holds interests in the Morila mine in Mali.
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