Jefferies Starts Goldcorp (GG) at Hold

September 6, 2011 9:09 AM EDT
Get Alerts GG Hot Sheet
Price: $11.19 --0%

Rating Summary:
    9 Buy, 14 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Goldcorp (NYSE: GG) with a Hold. PT $52.00.

The firm states, "While large cap gold equity multiples have compressed, we still believe there is likely further multiple compression risk with GG."

For more ratings news on Goldcorp click here and for the rating history of Goldcorp click here.

Shares of Goldcorp closed at $54.71 yesterday.


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