Alamos Gold Inc (AGI) Given Consensus Recommendation of “Buy” by Analysts
Alamos Gold Inc (TSE:AGI) (NYSE:AGI) has earned a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$11.94.
AGI has been the subject of several research reports. BMO Capital Markets reiterated an “outperform” rating and set a C$11.50 price objective on shares of Alamos Gold in a research note on Friday, December 15th. Scotiabank lowered their price objective on shares of Alamos Gold to C$11.50 and set a “sector perform” rating for the company in a research note on Monday, December 18th. Raymond James Financial lowered their price objective on shares of Alamos Gold from C$12.50 to C$12.00 in a research note on Monday, October 23rd. Desjardins reiterated a “hold” rating on shares of Alamos Gold in a research note on Monday, December 11th. Finally, Canaccord Genuity lifted their price objective on shares of Alamos Gold from C$13.00 to C$13.50 in a research note on Friday, January 19th.
Shares of Alamos Gold (AGI) opened at C$6.79 on Wednesday. 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 $2,640.00 and a price-to-earnings ratio of 226.33.
About Alamos Gold
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.
Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with MarketBeat.com's FREE daily email newsletter.