Scotia Starts Gold Stocks: GG, EGO, IAG at Outperform, ABX, NEM, KGC, AUY at Sector Perform

An analyst at Scotia Capital initiated coverage on a number of gold stocks Friday morning.

With a Sector Outperform rating:

• Goldcorp (NYSE: GG) - $66 price target
  
• Eldorado Gold (NYSE: EGO) - $21.50 price target
  
• IAMGOLD (NYSE: IAG) - $26 price target

With a Sector Perform rating:

• Barrick Gold (NYSE: ABX) - $60 price target
  
• Royal Gold (Nasdaq: RGLD) - $72 price target
  
• Newmont Mining (NYSE: NEM) - $66 price target
  
• Kinross Gold (NYSE: KGC) - $20 price target
  
• Randgold (Nasdaq: GOLD) - $105 price target
  
• Gold Fields (NYSE: GFI) - $19 price target
  
• Yamana Gold (NYSE: AUY) - $15 price target
  
• Agnico-Eagle Mines (NYSE: AEM) - $80 price target

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