Barrick Gold Corporation (NYSE:ABX) registered a -0.45% decrease, still its new closing price is 93.73% up from the company’s 1 year high of 23.41.It posted 3.97% gains in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 1 sells versus 5 buy or better ratings. The 26 stock analysts following this company have an average price target at $19.92, with individual PT in the $13.77-$28.69 range. The shares moved at $17.79, implying that brokerage firms see shares gaining about 85.10% in twelve months time.
Barrick Gold Corporation (ABX) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 11.33% rise year to date. A Director at Barrick Gold Corporation (ABX) acquired shares in a transaction closed on Friday December 05, 2014. Shapiro, Steven J. bought 10,000 shares in the company at $11.56 each and collected $115,001 in proceeds. Shapiro, Steven J. now owns 0 shares in the company after this transaction. A Director, Senior Officer in the company, Thornton, John Lawson, disclosed a transaction on Thursday December 04, 2014 that ended up paying $383,000 from the purchase of 31,900 shares at $12.01 per share.
Barrick Gold Corporation (NYSE:ABX) Upcoming Results on Tap
Barrick Gold Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.19 in that period. Sales during the quarter are predicted to arrive at $2.03 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.3 billion in revenue and EPS of $0.24. The mean forecast was for $2.23 billion and $0.21 a share, respectively. One quarter earlier, revenue for the stock was at $2.01 billion, with earnings at $0.14/share.
Barrick Gold Corporation (ABX) Brokerage Update
Barrick Gold Corporation (ABX) is in TD Securities’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by TD Securities, according to news reported on Wednesday December 21, 2016.Another important research note was issued by Deutsche Bank on Monday October 03, 2016.The firm upgraded ABX to Buy from Hold. Over the last six months and over the last three months, the shares of Barrick Gold Corporation (ABX), have changed -16.16% and 6.99%, respectively.