Randgold Resources Limited (RRS) Now Covered by BNP Paribas

Equities researchers at BNP Paribas assumed coverage on shares of Randgold Resources Limited (LON:RRS) in a report released on Thursday, May 18th. The firm set an “outperform” rating and a GBX 8,100 ($102.47) price target on the stock. BNP Paribas’ price objective suggests a potential upside of 13.68% from the stock’s current price.

Several other research analysts have also recently weighed in on RRS. Canaccord Genuity reissued a “hold” rating and issued a GBX 6,400 ($80.96) price target on shares of Randgold Resources Limited in a report on Monday, February 6th. Credit Suisse Group reissued a “neutral” rating and issued a GBX 6,970 ($88.17) price target on shares of Randgold Resources Limited in a report on Tuesday, February 7th. Jefferies Group LLC reissued a “buy” rating and issued a GBX 8,700 ($110.06) price target on shares of Randgold Resources Limited in a report on Tuesday, February 7th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 7,400 ($93.61) price target on shares of Randgold Resources Limited in a report on Tuesday, February 7th. Finally, Numis Securities Ltd reissued a “buy” rating and issued a GBX 8,000 ($101.20) price target on shares of Randgold Resources Limited in a report on Monday, January 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 7,484.33 ($94.68).

Analyst Recommendations for Randgold Resources Limited (LON:RRS)

Shares of Randgold Resources Limited (RRS) traded up 0.35% on Thursday, reaching GBX 7125.00. The company had a trading volume of 716,074 shares. The company has a 50-day moving average price of GBX 7,193.89 and a 200-day moving average price of GBX 6,881.54. The firm’s market capitalization is GBX 6.70 billion. Randgold Resources Limited has a 52-week low of GBX 5,410.00 and a 52-week high of GBX 9,820.00.

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In related news, insider Graham Shuttleworth sold 7,000 shares of Randgold Resources Limited stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of GBX 7,697 ($97.37), for a total transaction of £538,790 ($681,581.28). Also, insider D Mark Bristow sold 50,000 shares of Randgold Resources Limited stock in a transaction on Monday, May 15th. The stock was sold at an average price of GBX 7,244 ($91.64), for a total transaction of £3,622,000 ($4,581,910.18).

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).

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