Published On: Mon, Jun 19th, 2017

Randgold Resources Limited (NASDAQ:GOLD) Analyst Recommendation


A number of investment brokers have recently updated their price targets on shares of Randgold Resources Limited (NASDAQ:GOLD).

Most recent broker ratings

06/05/2017 – Randgold Resources Limited had its “overweight” rating reiterated by analysts at JP Morgan. They now have a USD 107 price target on the stock.

05/05/2017 – Randgold Resources Limited was upgraded to “sector outperform” by analysts at CIBC.

03/17/2017 – Randgold Resources Limited was downgraded to “hold” by analysts at Deutsche Bank.

03/13/2017 – Randgold Resources Limited was downgraded to “neutral” by analysts at Goldman Sachs.

03/08/2017 – Randgold Resources Limited was downgraded to “underperform” by analysts at RBC Capital.

01/31/2017 – Randgold Resources Limited was downgraded to “neutral” by analysts at Credit Suisse.

01/13/2017 – Randgold Resources Limited was upgraded to “buy” by analysts at Berenberg Bank.

11/22/2016 – Randgold Resources Limited was upgraded to “neutral” by analysts at Citigroup.

11/10/2016 – Randgold Resources Limited had its “overweight” rating reiterated by analysts at Barclays.

11/09/2016 – Randgold Resources Limited was upgraded to “outperform” by analysts at BMO Capital Markets.

11/07/2016 – Randgold Resources Limited was upgraded to “sector perform” by analysts at Scotiabank.

09/09/2016 – Randgold Resources Limited was upgraded to “buy” by analysts at UBS.

09/01/2016 – Randgold Resources Limited was upgraded to “buy” by analysts at Canaccord Genuity.

07/25/2016 – Randgold Resources Limited was downgraded to “underweight” by analysts at Morgan Stanley.

07/19/2016 – Randgold Resources Limited had its “buy” rating reiterated by analysts at Investec.

The share price of Randgold Resources Limited (NASDAQ:GOLD) was up +0.34% during the last day of trading, with a day high of 91.76. 998769 shares were traded during the last session.

The stock’s 50 day moving average is 92.67 and its 200 day moving average is 86.61. The stock’s market capitalization is 8.55B. Randgold Resources Limited has a 52-week low of 67.54 and a 52-week high of 126.55.

Randgold Resources Limited is engaged in 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 various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC). The Company also holds an interest in the Massawa project. The Company holds Morila Limited, which holds interests in the Morila mine in Mali. As of December 31, 2016, Morila mine has produced 122,370 ounces (oz) of gold. The Company holds a controlling interest in the Loulo mine, located in Mali, through Societe des Mines de Loulo SA (Loulo). The Loulo mine is mining from over two underground mines. As of December 31, 2016, Loulo mine has produced 350,604 oz of gold. It has a controlling interest in the Gounkoto mine through Societe des Mines de Gounkoto SA.