Somewhat Positive Press Coverage Somewhat Unlikely to Impact Randgold Resources Limited (GOLD) Stock Price

Press coverage about Randgold Resources Limited (NASDAQ:GOLD) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Randgold Resources Limited earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 45.9485065954862 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

GOLD has been the subject of a number of research reports. Zacks Investment Research upgraded Randgold Resources Limited from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a report on Wednesday, July 5th. BidaskClub upgraded Randgold Resources Limited from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. HSBC Holdings plc reiterated a “hold” rating on shares of Randgold Resources Limited in a report on Friday, July 7th. J P Morgan Chase & Co reiterated an “overweight” rating and set a $107.00 price objective (up from $105.00) on shares of Randgold Resources Limited in a report on Monday, June 5th. Finally, CIBC upgraded Randgold Resources Limited from a “sector perform” rating to a “sector outperform” rating in a report on Friday, May 5th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $101.25.

Randgold Resources Limited (GOLD) opened at 95.80 on Friday. Randgold Resources Limited has a 52 week low of $67.54 and a 52 week high of $106.47.

Randgold Resources Limited (NASDAQ:GOLD) last released its earnings results on Friday, August 4th. The basic materials company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.14. The company had revenue of $336.79 million during the quarter. Randgold Resources Limited had a return on equity of 7.89% and a net margin of 22.75%. Analysts expect that Randgold Resources Limited will post $3.30 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This story was posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.com-unik.info/2017/08/19/randgold-resources-limited-gold-earning-somewhat-positive-news-coverage-analysis-shows-updated-updated.html.

About Randgold Resources Limited

Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).

Insider Buying and Selling by Quarter for Randgold Resources Limited (NASDAQ:GOLD)

What are top analysts saying about Randgold Resources Limited? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Randgold Resources Limited and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit