African Barrick Gold Ltd (ABGLF) Receives Average Recommendation of “Sell” from Analysts

Shares of African Barrick Gold Ltd (NASDAQ:ABGLF) have earned a consensus broker rating score of 3.67 (Sell) from the three analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation and two have given a hold recommendation to the company. African Barrick Gold’s rating score has declined by 22.3% in the last three months as a result of a number of analysts’ ratings changes.

Zacks has also given African Barrick Gold an industry rank of 173 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised shares of African Barrick Gold from a “sell” rating to a “hold” rating in a report on Wednesday, April 5th.

Shares of African Barrick Gold (ABGLF) remained flat at $2.01 on Monday. The company has a 50 day moving average price of $3.54 and a 200 day moving average price of $4.90. African Barrick Gold has a 12 month low of $2.01 and a 12 month high of $6.80. The stock has a market cap of $825.16 million and a price-to-earnings ratio of 5.05.

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