Eight Capital Increases B2Gold Corp. (BTO) Price Target to C$4.75
B2Gold Corp. (TSE:BTO) (NYSE:BTG) had its price target hoisted by equities research analysts at Eight Capital from C$4.50 to C$4.75 in a research note issued on Monday. Eight Capital’s price target indicates a potential upside of 41.37% from the company’s current price.
Several other equities analysts have also issued reports on BTO. Canaccord Genuity lifted their price target on shares of B2Gold from C$5.00 to C$5.50 in a report on Friday, September 29th. Scotiabank set a C$4.75 price target on shares of B2Gold and gave the stock an “outperform” rating in a report on Thursday, August 10th. Finally, National Bank Financial raised shares of B2Gold from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$5.00 to C$6.00 in a report on Monday, September 25th. Seven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus price target of C$5.19.
Shares of B2Gold (TSE:BTO) traded down C$0.05 during mid-day trading on Monday, reaching C$3.36. 625,660 shares of the company traded hands, compared to its average volume of 4,390,728. B2Gold has a 12 month low of C$2.69 and a 12 month high of C$4.64.
In related news, insider Roger Richer sold 35,367 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of C$3.40, for a total transaction of C$120,247.80. Also, insider Dale Alton Craig sold 30,000 shares of the business’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of C$3.40, for a total transaction of C$102,000.00. Insiders have sold 98,367 shares of company stock valued at $222,248 over the last 90 days.
B2Gold Company Profile
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