Randgold Resources Limited (LON:RRS)‘s stock had its “outperform” rating restated by equities researchers at Macquarie in a report issued on Monday.
Other research analysts have also recently issued research reports about the stock. Goldman Sachs Group Inc. restated a “buy” rating on shares of Randgold Resources Limited in a report on Monday, June 27th. Numis Securities Ltd restated a “hold” rating on shares of Randgold Resources Limited in a report on Friday, August 5th. Credit Suisse Group AG restated a “neutral” rating on shares of Randgold Resources Limited in a report on Thursday, August 4th. Deutsche Bank AG restated a “hold” rating and issued a GBX 7,100 ($86.53) price objective on shares of Randgold Resources Limited in a report on Monday, July 18th. Finally, Canaccord Genuity upgraded shares of Randgold Resources Limited to a “buy” rating and set a GBX 8,590 ($104.69) price objective for the company in a report on Thursday, September 1st. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 6,591.70 ($80.34).
Randgold Resources Limited (LON:RRS) opened at 7100.00 on Monday. Randgold Resources Limited has a 52 week low of GBX 3,870.00 and a 52 week high of GBX 9,820.00. The firm’s market cap is GBX 6.65 billion. The firm’s 50-day moving average is GBX 7,415.68 and its 200-day moving average is GBX 7,346.15.
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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