.jpg "Barrick Gold Corporation (NYSE: GOLD)")
In a report released today, Michael Jalonen from Merrill Lynch maintained a Hold rating on Barrick Gold Corporation (GOLD), with a price target of $14. The company’s shares closed yesterday at $13.37.
According to TipRanks.com, Jalonen is ranked #4336 out of 5152 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Barrick Gold Corporation with a $16 average price target, implying a 19.7% upside from current levels. In a report issued on February 5, GMP FirstEnergy also reiterated a Hold rating on the stock.
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The company has a one-year high of $14.18 and a one-year low of $9.53. Currently, Barrick Gold Corporation has an average volume of 7.18M.
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Barrick Gold Corp. engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero, Pueblo Viejo, Lagunas Norte, Turquoise Ridge, Acacia, and Pascua-Lama.
