Shares of Randgold Resources Limited (LON:RRS) have been given an average recommendation of “Hold” by the twenty analysts that are covering the company. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 6,385.86 ($83.36).
Several research analysts have recently issued reports on RRS shares. Macquarie reiterated an “outperform” rating on shares of Randgold Resources Limited in a report on Monday, August 22nd. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Randgold Resources Limited in a report on Monday, June 27th. Canaccord Genuity upgraded shares of Randgold Resources Limited to a “buy” rating and set a GBX 8,590 ($112.13) price objective for the company in a report on Thursday, September 1st. Jefferies Group upgraded shares of Randgold Resources Limited to a “buy” rating in a report on Thursday, July 14th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Randgold Resources Limited from GBX 6,500 ($84.85) to GBX 7,200 ($93.98) and gave the company a “neutral” rating in a report on Tuesday, July 5th.
Randgold Resources Limited (LON:RRS) traded down 0.13% during mid-day trading on Wednesday, reaching GBX 7750.00. 507,492 shares of the company’s stock traded hands. The company has a 50-day moving average of GBX 7,843.78 and a 200-day moving average of GBX 7,264.23. Randgold Resources Limited has a 52-week low of GBX 3,782.00 and a 52-week high of GBX 9,820.00. The company’s market capitalization is GBX 7.26 billion.
About Randgold Resources Limited
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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