BMO Capital Markets Reiterates Outperform Rating for Randgold Resources (RRS)

BMO Capital Markets reiterated their outperform rating on shares of Randgold Resources (LON:RRS) in a report issued on Thursday morning. They currently have a GBX 7,000 ($90.61) price objective on the stock.

A number of other equities research analysts also recently issued reports on the company. JPMorgan Chase & Co. upgraded Randgold Resources to an overweight rating in a research note on Friday, June 8th. Royal Bank of Canada restated an underperform rating on shares of Randgold Resources in a research note on Wednesday, July 11th. Citigroup restated a buy rating on shares of Randgold Resources in a research note on Friday, May 11th. Barclays cut their price target on Randgold Resources from GBX 7,000 ($90.61) to GBX 6,350 ($82.20) and set an overweight rating for the company in a research note on Wednesday, July 18th. Finally, Numis Securities downgraded Randgold Resources to a hold rating and set a GBX 6,000 ($77.67) price target for the company. in a research note on Wednesday, May 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 7,211.54 ($93.35).

Randgold Resources opened at GBX 5,336 ($69.07) on Thursday, Marketbeat.com reports. Randgold Resources has a 52-week low of GBX 5,760 ($74.56) and a 52-week high of GBX 8,255 ($106.86).

Randgold Resources Company Profile

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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Analyst Recommendations for Randgold Resources (LON:RRS)

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