Argus Lowers Barrick Gold (ABX) to Hold

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On Friday, December 15th, Pablo Marcet acquired 2,500 shares of Barrick Gold stock. Fort Point Capital Partners Llc who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $150.30 billion market cap company. The stock decreased 0.69% or $2.39 during the last trading session, reaching $341.8. About 123,154 shares traded.

Barrick Gold (NYSE ABX) opened at $11.82 on Friday. It has outperformed by 195.58% the S&P500.

Gordy Holterman decreased its stake in Barrick Gold Corp (Put) (ABX) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Palo Alto Investors Llc bought 27,700 shares as the company's stock declined 29.10% while stock markets rallied. The Bluestein R H & Company holds 8,500 shares with $486,000 value, down from 15,000 last quarter. Hexavest Inc who had been investing in Barrick Gold Corp for a number of months, seems to be bullish on the $14.27B market cap company. The stock increased 2.62% or $0.31 during the last trading session, reaching $12.13. About 18.22 million shares traded or 41.11% up from the average.

It will be interesting to watch today's trading of shares of Barrick Gold Corporation Common Stock (NYSE:ABX) as RBC Capital upped the stock from a "Sector Perform" to a respectable "Outperform". It has underperformed by 24.96% the S&P500.

Investors sentiment decreased to 1.01 in 2017 Q3.

On 10/25/2017 Barrick Gold announced a quarterly dividend of $0.03 0.83% with an ex dividend date of 11/29/2017 which will be payable on 12/15/2017. Boothbay Fund Mngmt Ltd invested in 0.73% or 58,932 shares. ABX's profit will be $248.84M for 14.07 P/E if the $0.21 EPS becomes a reality. Cibc Asset Mgmt holds 4,038 shares. Tompkins Corporation holds 0.35% or 8,263 shares. Qs Lc owns 0% invested in ACADIA Pharmaceuticals Inc. State Board Of Administration Of Florida Retirement System reported 0.01% of its portfolio in ACADIA Pharmaceuticals Inc. Ascend Cap Limited Company has 0.11% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 66,001 shares. Moreover, Randolph has 4.7% invested in Microsoft Corporation (NASDAQ:MSFT). Vanguard Gru holds 0% or 541,340 shares. The stock of SunCoke Energy, Inc. (NASDAQ:PFIE). 21 were reported by Royal Natl Bank Of Canada. Ubs Asset Management Americas accumulated 785,793 shares. Geode Capital Ltd Com owns 0.02% invested in Pinnacle Foods Inc.

Since February 8, 2018, it had 0 buys, and 1 sale for $12.17 million activity. Standpoint Research downgraded the shares of BA in report on Wednesday, October 26 to "Sell" rating. $119,427 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Drell Persis. 100,000 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $18.57 million were sold by JONES HARVEY C. The firm earned "Buy" rating on Monday, October 23 by Jefferies. Therefore 91% are positive. Autozone Inc. had 76 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has "Hold" rating by Deutsche Bank given on Friday, July 29. Roth Capital has "Buy" rating and $2.3 target. Finally, Desjardins reaffirmed a "hold" rating on shares of Barrick Gold in a research report on Monday, December 11th. (NASDAQ:PFIE) on Wednesday, January 27 to "Neutral" rating. SunTrust has "Buy" rating and $66.0 target. The rating was maintained by Oppenheimer on Friday, August 7 with "Buy". The firm earned "Buy" rating on Thursday, July 14 by Jefferies. The company was maintained on Tuesday, March 22 by Oppenheimer. Morgan Stanley has "Equal-Weight" rating and $20 target.

(BA) stake by 50.23% reported in 2017Q3 SEC filing. It also reduced its holding in Amicus Therapeutics Inc (NASDAQ:FOLD) by 520,500 shares in the quarter, leaving it with 7.42M shares, and cut its stake in Vanda Pharmaceuticals Inc (NASDAQ:VNDA).

Many analysts are providing their Estimated Earnings analysis for Barrick Gold Corporation and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.16/share. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Therefore 33% are positive.

According to Zacks, "Barrick Gold swung to a loss on a reported basis in the fourth quarter of 2017". As per Monday, October 31, the company rating was upgraded by Mackie. The rating was initiated by Clarkson Capital on Tuesday, February 16 with "Neutral". Finally, Credit Suisse Group reiterated a "hold" rating and set a $19.00 price target on shares of Barrick Gold in a research note on Thursday, January 18th. Barrick Gold presently has a consensus rating of Hold and an average target price of $17.38. On Thursday, March 16 the stock rating was upgraded by RBC Capital Markets to "Outperform". The stock of The Boeing Company (NYSE:BA) has "Sector Perform" rating given on Friday, February 12 by RBC Capital Markets.