In a report issued on July 7, Josh Wolfson from RBC Capital maintained a Buy rating on Barrick Gold (GOLD – Research Report), with a price target of $27.00. The company’s shares closed last Friday at $17.18, close to its 52-week low of $16.78.
According to TipRanks.com, Wolfson is a 1-star analyst with an average return of -2.3% and a 42.7% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti.
Barrick Gold has an analyst consensus of Moderate Buy, with a price target consensus of $28.03.
The company has a one-year high of $26.07 and a one-year low of $16.78. Currently, Barrick Gold has an average volume of 18.53M.
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Canada-based Barrick Gold Corp. is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development.
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