Argonaut Gold Inc (AR) Given Consensus Rating of “Hold” by Analysts

Shares of Argonaut Gold Inc (TSE:AR) have received a consensus rating of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$3.30.

AR has been the topic of several research reports. Laurentian set a C$2.50 target price on Argonaut Gold and gave the stock a “hold” rating in a research report on Thursday, September 14th. Laurentian Bank of Canada reaffirmed a “hold” rating and issued a C$2.50 target price on shares of Argonaut Gold in a research report on Thursday, September 14th. Finally, Canaccord Genuity increased their price objective on Argonaut Gold from C$3.25 to C$3.50 in a report on Friday, September 29th.

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