Published: Fri, June 30, 2017
Economy | By Melissa Porter

Barrick Gold Corporation (ABX) Receives Consensus Rating of "Hold" by Brokerages

Healthequity Inc. now has $2.99 billion valuation. The company's stock had a trading volume of 554,998 shares. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Freeport-McMoRan Inc (NYSE:FCX) has risen 6.83% since June 27, 2016 and is uptrending. It has outperformed by 21.91% the S&P500. BMO Capital Markets reiterated a "buy" recommendation on stocks of Barrick Gold Corporation in a study note published on Fri, Mar 31st. Now the P/E of Barrick Gold Corporation (ABX) stands at 13.55.

The share price of the company (NYSE:ABX) was down -0.85%, with a high of 16.50 during the day and the volume of Barrick Gold Corporation shares traded was 6913511. So is with Barrick Gold Corporation. The stock declined 0.06% or $0.01 reaching $16.07 per share. About 13,985 shares traded. Barrick Gold Corp (TSE:ABX) has 0.00% since June 27, 2016 and is. It has underperformed by 24.96% the S&P500. The company has market cap of 5.02 million GBP. It also reduced Metlife Inc (NYSE:MET) stake by 7,581 shares and now owns 49,513 shares. Amazon.Com Inc (NASDAQ:AMZN) was raised too. Barrick Gold Corp has a 52-week low of $18.52 and a 52-week high of $30.44.

Among 7 analysts covering Alliant Energy (NYSE:LNT), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. On Thursday, December 15 the stock rating was maintained by RBC Capital Markets with "Sector Perform". Narrowing in, the stock is at a distance of -2.51% from the 50 day high and 17.20% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Vale S.A. (NYSE:VALE).

Barrick Gold Corporation (ABX) has a market capitalization of 18.63 Billion which suggests the company is a huge company further suggesting that the shares of Barrick Gold Corporation (ABX) are stable and safe compared to the lower market capitalization companies.

Barrick Gold Corp (NYSE:ABX) now has a trailing P/E of 13.62 while its forward P/E according to Thomson Reuters is 21.4. The company was upgraded on Wednesday, March 22 by Berenberg. Mackie upgraded the shares of ABX in report on Monday, October 31 to "Hold" rating. IBC initiated the shares of ABX in report on Friday, July 24 with "Sector Perform" rating. RBC Capital Markets maintained it with "Outperform" rating and $9 target in Tuesday, August 30 report.

Barrick Gold Corp (TSE:ABX) (NYSE:ABX) has earned an average recommendation of "Buy" from the nine analysts that are now covering the firm, MarketBeat reports. The analysts estimated EPS for the higher end at 0.27 and lower end at 0.13 while the year ago reported earnings per share was 0.19. Barrick Gold Corporation (NYSE:ABX) most recently posted actual quarterly EPS of $0.14 compared to the Zacks Research consensus estimate of $0.24. Therefore 50% are positive. Alliant Energy had 14 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Monday, April 4 by Leerink Swann. Barclays Capital maintained Alliant Energy Corporation (NYSE:LNT) rating on Friday, March 18. The stock has "Neutral" rating by Macquarie Research on Wednesday, August 19. The firm has "Sell" rating by S&P Research given on Tuesday, July 21.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The firm earned "Buy" rating on Wednesday, June 8 by SunTrust.

Majedie Asset Management Ltd increased its stake in Barrick Gold Corporation by 5.5% in the first quarter. It also upped Heska Corp Com Restrc New (NASDAQ:HSKA) stake by 39,415 shares and now owns 58,459 shares.

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