B2Gold (BTO) Given New C$6.50 Price Target at National Bank Financial

B2Gold (TSE:BTO) (NYSE:BTG) had its target price raised by equities research analysts at National Bank Financial from C$6.00 to C$6.50 in a research report issued to clients and investors on Friday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 77.11% from the stock’s current price.

Several other research firms also recently weighed in on BTO. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$5.00 target price on shares of B2Gold in a research report on Tuesday, December 5th. Scotiabank reiterated an “outperform” rating and issued a C$4.75 price objective on shares of B2Gold in a research note on Thursday, October 12th. Eight Capital lifted their price objective on B2Gold from C$4.50 to C$4.75 in a research note on Monday, November 27th. Finally, Canaccord Genuity lifted their price objective on B2Gold from C$5.00 to C$5.50 in a research note on Friday, September 29th. Seven analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average price target of C$5.28.

B2Gold (TSE:BTO) traded down C$0.05 during midday trading on Friday, reaching C$3.67. The company’s stock had a trading volume of 4,790,925 shares, compared to its average volume of 2,931,713. The firm has a market cap of $3,700.00, a P/E ratio of 91.75 and a beta of 0.59. B2Gold has a 52 week low of C$2.96 and a 52 week high of C$4.64.

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