Brokers Suggest Investing in Barrick Gold (GOLD): Read This Before Placing a Bet [Yahoo! Finance]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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US:NASDAQ Investor Relations:
randgoldresources.com
Company Research
Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Barrick Gold (GOLD). Barrick Gold currently has an average brokerage recommendation (ABR) of 1.59, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 17 brokerage firms. An ABR of 1.59 approximates between Strong Buy and Buy. Of the 17 recommendations that derive the current ABR, 11 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 64.7% and 11.8% of all recommendations. Brokerage Recommendation Trends for GOLD Check price target & stock forecast for Barrick Gold here While the ABR calls for buying Barrick Gold, it may not be wise to make an investment decisi
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