Deutsche Bank Downgrades Goldcorp (GG) to Hold on Valuation

October 2, 2012 9:02 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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Deutsche Bank downgraded Goldcorp (NYSE: GG) from Buy to Hold with a price target of $48.00 (from $45.00) after the stock reached their most recent Price Target (based on 13x 2013E) it adequately discounts its superior growth profile.

For an analyst ratings summary and ratings history on Goldcorp click here. For more ratings news on Goldcorp click here.

Shares of Goldcorp closed at $46.20 yesterday.


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