Raymond James analyst Brian MacArthur maintained a Buy rating on Barrick Gold (NYSE:GOLD) Corporation on Thursday, setting a price target of C$36, which is approximately 32.04% above the present share price of $22.25.
MacArthur expects Barrick Gold Corporation to post earnings per share (EPS) of $0.39 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Barrick Gold, with an average price target of $28.63.
The analysts price targets range from a high of $34.68 to a low of $24.48.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.28 billion and a net profit of $1.36 billion. The company's market cap is $39.57 billion.
According to TipRanks.com, Raymond James analyst Brian MacArthur is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.5% and a 51.78% success rate.
Canada-based Barrick Gold Corp. is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development.