BidaskClub cut shares of Randgold Resources (NASDAQ:GOLD) from a hold rating to a sell rating in a report issued on Wednesday morning.
Several other research analysts have also commented on GOLD. Zacks Investment Research upgraded Randgold Resources from a strong sell rating to a hold rating in a research report on Tuesday. Royal Bank Of Canada upgraded Randgold Resources to a sector perform rating in a research report on Monday. They noted that the move was a valuation call. Citigroup upgraded Randgold Resources from a neutral rating to a buy rating in a report on Tuesday. HC Wainwright reiterated a buy rating on shares of Randgold Resources in a report on Wednesday, November 22nd. Finally, UBS lowered Randgold Resources from a buy rating to a neutral rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $84.90.
Randgold Resources (NASDAQ GOLD) traded down $1.13 on Wednesday, hitting $90.42. The stock had a trading volume of 516,700 shares, compared to its average volume of 663,609. Randgold Resources has a 1-year low of $67.54 and a 1-year high of $108.29. The stock has a market capitalization of $8,611.99, a price-to-earnings ratio of 31.03 and a beta of -0.11.
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About Randgold Resources
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).
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