Canadian Imperial Bank of Commerce Upgrades Allied Gold (TSE:AAU) to “Strong-Buy”

Allied Gold (TSE:AAUGet Free Report) was upgraded by equities researchers at Canadian Imperial Bank of Commerce to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

A number of other analysts have also weighed in on AAU. Stifel Nicolaus upgraded Allied Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. National Bank Financial upgraded shares of Allied Gold to a “hold” rating in a research report on Wednesday. Finally, Canaccord Genuity Group raised shares of Allied Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, June 1st. Three equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Allied Gold currently has a consensus rating of “Strong Buy”.

Read Our Latest Research Report on AAU

Allied Gold Price Performance

Allied Gold Corporation is a materials company in the Gold industry.

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