Jefferies Starts Barrick Gold (ABX) at Buy
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Price: $9.27 +8.80%
Rating Summary:
7 Buy, 18 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
7 Buy, 18 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Barrick Gold (NYSE: ABX) with a Buy. PT $65.00.
The firm said, "After hugely underperforming the gold price and the mining sector, we now believe Barrick has an attractive valuation. Plus, we like the company's recent accretive expansion in copper mining."
For more ratings news on Barrick Gold click here and for the rating history of Barrick Gold click here.
Shares of Barrick Gold closed at $52.87 yesterday.
The firm said, "After hugely underperforming the gold price and the mining sector, we now believe Barrick has an attractive valuation. Plus, we like the company's recent accretive expansion in copper mining."
For more ratings news on Barrick Gold click here and for the rating history of Barrick Gold click here.
Shares of Barrick Gold closed at $52.87 yesterday.
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