Randgold Resources Limited’s Trend Up, Especially After Today’s Strong Session

 Randgold Resources Limited's Trend Up, Especially After Today's Strong Session

The stock of Randgold Resources Limited (LON:RRS) is a huge mover today! The stock decreased 3.44% or GBX 245 on November 10, hitting GBX 6870. About 1.90M shares traded hands or 165.90% up from the average. Randgold Resources Limited (LON:RRS) has risen 3.72% since April 12, 2016 and is uptrending. It has underperformed by 1.93% the S&P500.
The move comes after 9 months positive chart setup for the GBX 6.45 billion company. It was reported on Nov, 10 by Barchart.com. We have GBX 8862.30 PT which if reached, will make LON:RRS worth GBX 1.87B more.

Randgold Resources Limited (LON:RRS) Ratings Coverage

Out of 22 analysts covering Randgold Resources Ltd (LON:RRS), 14 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 64% are positive. Randgold Resources Ltd has been the topic of 158 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Randgold Resources Limited (LON:RRS) earned “Overweight” rating by Barclays Capital on Friday, November 6. Deutsche Bank upgraded the stock to “Buy” rating in Tuesday, October 20 report. The rating was maintained by Barclays Capital on Friday, August 5 with “Overweight”. The stock of Randgold Resources Limited (LON:RRS) earned “Neutral” rating by Credit Suisse on Monday, September 14. Deutsche Bank maintained the stock with “Buy” rating in Friday, November 6 report. Deutsche Bank maintained Randgold Resources Limited (LON:RRS) rating on Monday, July 18. Deutsche Bank has “Hold” rating and GBX 7100 price target. The stock of Randgold Resources Limited (LON:RRS) has “Buy” rating given on Monday, September 5 by Numis Securities. The firm earned “Hold” rating on Wednesday, July 13 by Deutsche Bank. Numis Securities maintained Randgold Resources Limited (LON:RRS) on Wednesday, August 26 with “Buy” rating. Numis Securities maintained the shares of RRS in a report on Friday, November 4 with “Buy” rating.

Another recent and important Randgold Resources Limited (LON:RRS) news was published by Marketwired.com which published an article titled: “Randgold Resources Limited: 3rd Quarter Results and updates” on November 03, 2016.

Randgold Resources Limited is engaged in the gold mining, exploration and related activities. The company has a market cap of 6.45 billion GBP. The Company’s activities are focused on West and Central Africa. It has a 37.57 P/E ratio. The Firm operates through the gold mining segment.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment