Randgold Resources Limited (NASDAQ:GOLD) Lifted to Hold at BidaskClub

Paterniano Del Favero
Agosto 12, 2017

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Randgold Resources Limited (NASDAQ:GOLD).

Van Eck Associates Corp decreased its investment in Randgold Resources Limited - Am stock by 1,938,126 shares as of the end of the last quarter. HSBC Holdings plc reaffirmed a "hold" rating on shares of Randgold Resources Limited in a research report on Friday, July 7th. PNC Financial Services Group Inc. now owns 48,005 shares of the basic materials company's stock worth $4,191,000 after buying an additional 3,997 shares during the period. Creative Planning now owns 1,540 shares of the basic materials company's stock valued at $136,000 after buying an additional 450 shares in the last quarter. Randgold Resources Limited had a net margin of 21.04% and a return on equity of 7.10%. The company has a market capitalization of $9.21 billion, a P/E ratio of 31.19 and a beta of 0.08. Finally, Jefferies Group LLC reissued a "buy" rating and issued a GBX 9,000 ($117.20) price objective on shares of Randgold Resources Limited in a research report on Friday, May 5th.

A number of institutional investors have recently added to or reduced their stakes in the company. The company had revenue of $336.79 million during the quarter. "Increases Stake in Randgold Resources Limited (NASDAQ:GOLD)" was posted by StockNewsTimes and is owned by of StockNewsTimes.

The following firms have also recently changed their position in GOLD. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. J P Morgan Chase & Co restated an "overweight" rating and set a $107.00 price target (up previously from $105.00) on shares of Randgold Resources Limited in a research note on Monday, June 5th.

In other news, insider Safiatou Francoise Ba-N'Dawrrs bought 32 shares of the stock in a transaction dated Friday, May 26th. If you are reading this news story on another publication, it was illegally stolen and republished in violation of worldwide copyright & trademark legislation. Finally, Scotiabank raised their target price on shares of Randgold Resources Limited from $102.00 to $141.00 and gave the company a "sector perform" rating in a research report on Friday, May 5th. Ameriprise Financial Inc. now owns 5,250 shares of the basic materials company's stock worth $461,000 after buying an additional 716 shares in the last quarter. On average, equities research analysts forecast that Randgold Resources Limited will post $3.30 EPS for the current year.

Morgan Stanley divested its ownership by selling 167 shares a decrease of 2.0%.

ILLEGAL ACTIVITY NOTICE: "Randgold Resources Limited (NASDAQ:GOLD) Lifted to Hold at BidaskClub" was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. The legal version of this piece of content can be read at https://www.com-unik.info/2017/08/11/analysts-set-randgold-resources-limited-nasdaqgold-pt-at-101-25-updated-updated-updated.html. Assetmark Inc. now owns 60,314 shares of the basic materials company's stock valued at $5,264,000 after buying an additional 18,580 shares in the last quarter. The Company's activities are focused on West and Central Africa. The Company is exploring in African countries, such as Mali, Senegal, Cote d'Ivoire and the Democratic Republic of Congo (DRC).

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