Barrick Gold Corp.’s (ABX) “Hold” Rating Reaffirmed at TD Securities

Barrick Gold Corp.’s (ABX) “Hold” Rating Reaffirmed at TD Securities

TD Securities reaffirmed their hold rating on shares of Barrick Gold Corp. (TSE:ABX) (NYSE:ABX) in a report published on Thursday. The firm currently has a C$18.00 price target on the stock.

Other research analysts have also recently issued reports about the stock. Royal Bank Of Canada reissued a sector perform rating on shares of Barrick Gold Corp. in a research note on Thursday, December 15th. Goldman Sachs Group, Inc. (The) reissued a buy rating on shares of Barrick Gold Corp. in a research note on Wednesday, October 5th. Canaccord Genuity dropped their price objective on shares of Barrick Gold Corp. from C$34.00 to C$29.00 in a research note on Monday, October 24th. Finally, Barclays PLC dropped their price objective on shares of Barrick Gold Corp. from C$21.00 to C$20.00 in a research note on Tuesday, January 10th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Barrick Gold Corp. presently has an average rating of Hold and a consensus price target of C$21.72.

Barrick Gold Corp. (TSE:ABX) remained flat at $23.40 on Thursday. The company’s stock had a trading volume of 1,972,427 shares. Barrick Gold Corp. has a 52-week low of $13.30 and a 52-week high of $30.44. The company’s market capitalization is $27.27 billion. The stock has a 50 day moving average price of $21.42 and a 200 day moving average price of $23.25.

Barrick Gold Corp. Company Profile

Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. Barricks’ segments include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project.

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