Scotiabank Trims B2Gold Corp. (BTO) Target Price to C$4.75

B2Gold Corp. (TSE:BTO) (NYSE:BTG) had its price target dropped by analysts at Scotiabank from C$5.00 to C$4.75 in a report issued on Tuesday, August 1st. The firm presently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 51.76% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets reissued an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a research note on Thursday, July 20th. TD Securities reissued a “buy” rating and issued a C$5.50 target price on shares of B2Gold Corp. in a research note on Friday, May 5th. Raymond James Financial, Inc. reissued an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a research note on Thursday, April 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a C$5.00 target price on shares of B2Gold Corp. in a research note on Friday, June 16th. Six investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of C$4.96.

B2Gold Corp. (BTO) opened at 3.13 on Tuesday. B2Gold Corp. has a 1-year low of $2.69 and a 1-year high of $4.64. The firm has a 50 day moving average of $3.32 and a 200 day moving average of $3.66. The firm has a market cap of $3.06 billion and a P/E ratio of 53.05.

WARNING: “Scotiabank Trims B2Gold Corp. (BTO) Target Price to C$4.75” was first posted by BNB Daily and is owned by of BNB Daily. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.baseball-news-blog.com/2017/08/19/b2gold-corp-bto-pt-lowered-to-c4-75-at-scotiabank-updated-updated.html.

In related news, insider William Lytle sold 22,263 shares of the firm’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of C$3.38, for a total transaction of C$75,248.94. Also, Director Robert Gayton sold 100,000 shares of the firm’s stock in a transaction on Tuesday, July 4th. The shares were sold at an average price of C$3.57, for a total transaction of C$357,000.00. Over the last ninety days, insiders have sold 362,241 shares of company stock valued at $1,341,703.

About B2Gold Corp.

Analyst Recommendations for B2Gold Corp. (TSE:BTO)

Receive News & Ratings for B2Gold Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B2Gold Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply