African Barrick Gold Rating Increased to Neutral at Bank of America (ABGLY)

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African Barrick Gold (NASDAQ:ABGLY) was upgraded by Bank of America from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday.

Several other analysts have also recently commented on the stock. Analysts at Barclays upgraded shares of African Barrick Gold to an “equal weight” rating in a research note on Tuesday, April 29th. Separately, analysts at HSBC upgraded shares of African Barrick Gold from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 24th. Finally, analysts at Deutsche Bank upgraded shares of African Barrick Gold from a “hold” rating to a “buy” rating in a research note on Wednesday, April 9th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold”.

Shares of African Barrick Gold (NASDAQ:ABGLY) opened at 9.10 on Tuesday. The stock has a 50-day moving average of $0. and a 200-day moving average of $0.. The company’s market cap is $1.854 billion.

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