OceanaGold (OGC) Given a C$5.00 Price Target by Scotiabank Analysts

OceanaGold (TSE:OGC) has been given a C$5.00 price target by equities research analysts at Scotiabank in a note issued to investors on Friday, January 19th. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 53.37% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. National Bank Financial restated an “outperform” rating and issued a C$5.00 target price on shares of OceanaGold in a research report on Saturday, September 23rd. Desjardins reiterated a “buy” rating and set a C$5.75 price objective on shares of OceanaGold in a research report on Friday, September 29th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. OceanaGold presently has an average rating of “Buy” and an average price target of C$5.32.

Shares of OceanaGold (TSE:OGC) traded up C$0.15 on Friday, reaching C$3.26. The company’s stock had a trading volume of 2,016,248 shares, compared to its average volume of 1,800,000. OceanaGold has a one year low of C$2.92 and a one year high of C$5.00. The firm has a market capitalization of $2,010.00, a price-to-earnings ratio of 13.04 and a beta of -0.14.

WARNING: This piece was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another site, it was stolen and republished in violation of international copyright & trademark laws. The legal version of this piece can be viewed at https://www.dispatchtribunal.com/2018/02/14/scotiabank-reiterates-c5-00-price-target-for-oceanagold-ogc.html.

OceanaGold Company Profile

OceanaGold Corporation is a gold mining company. The Company is engaged in the exploration, development and operation of gold and other mineral mining activities. The Company’s segments are New Zealand, the Philippines, the United States and All other segments. The Company’s assets encompass its flagship operation, the Didipio Gold-Copper Mine located on the island of Luzon in the Philippines.

Analyst Recommendations for OceanaGold (TSE:OGC)

Receive News & Ratings for OceanaGold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanaGold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply