RBC Capital Reaffirms Their Buy Rating on Barrick Mining (B)
In a report released on February 9, Josh Wolfson from RBC Capital maintained a Buy rating on Barrick Mining, with a price target of $53.00. The company’s shares closed yesterday at C$63.27.
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Wolfson covers the Basic Materials sector, focusing on stocks such as Barrick Mining, Gold Fields, and Newmont Mining. According to TipRanks, Wolfson has an average return of 26.1% and a 71.73% success rate on recommended stocks.
In addition to RBC Capital, Barrick Mining also received a Buy from National Bank’s Shane Nagle in a report issued yesterday. However, on February 9, Citi maintained a Hold rating on Barrick Mining (NYSE: B).
B market cap is currently C$104.2B and has a P/E ratio of 15.11.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of B in relation to earlier this year.
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