Alamos Gold Inc (AGI) Receives C$11.94 Consensus PT from Analysts

Alamos Gold Inc (TSE:AGI) (NYSE:AGI) has earned a consensus recommendation of “Buy” from the nine brokerages that are covering the company, reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$11.93.

AGI has been the topic of several research reports. Raymond James Financial dropped their price objective on shares of Alamos Gold from C$12.50 to C$12.00 in a report on Monday, October 23rd. BMO Capital Markets lowered their target price on shares of Alamos Gold from C$14.00 to C$11.50 in a research note on Friday, November 24th. Desjardins reissued a “hold” rating on shares of Alamos Gold in a research note on Monday, December 11th. CIBC lowered their target price on shares of Alamos Gold from C$13.50 to C$12.00 in a research note on Thursday, December 14th. Finally, Scotiabank lowered their target price on shares of Alamos Gold to C$11.50 and set a “sector perform” rating on the stock in a research note on Monday, December 18th.

Alamos Gold (TSE:AGI) traded down C$0.05 during trading hours on Wednesday, hitting C$7.04. 694,400 shares of the stock traded hands, compared to its average volume of 940,326. Alamos Gold has a one year low of C$6.33 and a one year high of C$11.53. The company has a market cap of $2,740.00 and a P/E ratio of 234.67.

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Alamos Gold Company Profile

Alamos Gold Inc is a Canada-based company, which is engaged in the acquisition, exploration, development and extraction of precious metals. The Company’s segments include Young-Davidson, Mulatos, El Chanate and Corporate/other. Its Corporate and other segment consists of exploration and development projects.

Analyst Recommendations for Alamos Gold (TSE:AGI)

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