RBC Capital restated their outperform rating on shares of Randgold Resources Ltd (LON:RRS) in a research note issued to investors on Friday, StockRatingsNetwork.com reports. The firm currently has a GBX 5,600 ($86.14) price target on the stock.
RBC Capital has also taken action a number of other stocks recently. The firm raised its price target on shares of Gildan Activewear from $42.00 to $47.00. They have a sector perform rating on that stock. Also, RBC Capital reiterated its buy rating on shares of Magellan Midstream. They have a $58.00 price target on that stock. Finally, RBC Capital lowered its price target on shares of Radware Ltd. from $18.00 to $15.00.
Randgold Resources Ltd (LON: RRS) opened at 4780.00 on Friday. Randgold Resources Ltd has a 1-year low of GBX 3934.00 and a 1-year high of GBX 7891.8677. The stock’s 50-day moving average is currently GBX 7451.93. The company’s market cap is £4.404 billion.
RRS has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a buy rating on shares of Randgold Resources Ltd in a research note to investors on Tuesday, July 23rd. They now have a GBX 6,000 ($92.29) price target on the stock. Separately, analysts at JPMorgan Cazenove cut their price target on shares of Randgold Resources Ltd from GBX 6,250 ($96.14) to GBX 5,020 ($77.22) in a research note to investors on Monday, July 22nd. They now have an overweight rating on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of Randgold Resources Ltd from GBX 4,600 ($70.76) to GBX 4,900 ($75.37) in a research note to investors on Monday, July 22nd. They now have an overweight rating on the stock.
Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of GBX 4,455.19 ($68.53).
Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa.