Barclays (LON:BARC) analyst Matt Murphy maintained a Hold rating on Barrick Gold (NYSE:GOLD) Corporation on Monday, setting a price target of $27, which is approximately 1.24% below the present share price of $27.34.
Murphy expects Barrick Gold Corporation to post earnings per share (EPS) of $0.22 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Barrick Gold, with an average price target of $29.9.
The analysts price targets range from a high of $36 to a low of $24.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.72 billion and a net profit of $744 million. The company's market cap is $48.61 billion.
According to TipRanks.com, Barclays analyst Matt Murphy is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.4% and a 65.06% success rate.
Barrick Gold Corp. engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero, Pueblo Viejo, Lagunas Norte, Turquoise Ridge, Acacia, and Pascua-Lama. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.