RBC Capital analyst Josh Wolfson maintained a Buy rating on Barrick Gold (NYSE:GOLD) Corporation on Tuesday, setting a price target of $34, which is approximately 17.04% above the present share price of $29.05.
Wolfson expects Barrick Gold Corporation to post earnings per share (EPS) of $0.20 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Barrick Gold, with an average price target of $31.91.
The analysts price targets range from a high of $35.85 to a low of $27.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.06 billion and a net profit of $972 million. The company's market cap is $51.65 billion.
According to TipRanks.com, RBC Capital analyst Josh Wolfson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.5% and a 59.81% 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.