Barrick Gold (NYSE:ABX) Receives News Impact Rating of 0.09

Tuesday, 20 Mar, 2018

Talara Capital Management Llc sold 122,287 shares as Barrick Gold Corp (ABX)'s stock declined 17.45%. The hedge fund run by John H Lewis held 720,000 shares of the other consumer services company at the end of 2017Q3, valued at $14.62M, up from 620,000 at the end of the previous reported quarter.

Among 24 analysts covering Barrick Gold Corp. The stock increased 0.90% or $0.11 during the last trading session, reaching $12.32. The stock had a trading volume of 11,935,302 shares, compared to its average volume of 13,770,238. The stock of Barrick Gold Corporation (NYSE:ABX) has "Hold" rating given on Wednesday, February 7 by BMO Capital Markets. It has underperformed by 24.96% the S&P500.

Payden & Rygel decreased its stake in Target (TGT) by 75.81% based on its latest 2017Q3 regulatory filing with the SEC. Osmium Partners Llc bought 100,000 shares as the company's stock rose 13.97% with the market. HRT Financial LLC acquired a new stake in shares of Barrick Gold in the 4th quarter valued at approximately $146,000.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Barrick Gold Corporation as 1.92 Billion. About 65,570 shares traded.

Landscape Capital Management L.L.C. boosted its stake in shares of Barrick Gold Corp (NYSE:ABX) (TSE:ABX) by 70.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 4.8%. ABX's profit will be $209.89M for 17.03 P/E if the $0.18 EPS becomes a reality. The basic materials company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.02. Barrick Gold's revenue was down 3.9% on a year-over-year basis. research analysts anticipate that Barrick Gold will post 0.85 earnings per share for the current year. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company's stock. Therefore 36% are positive. Zacks Investment Research lowered Barrick Gold from a "hold" rating to a "sell" rating in a research report on Tuesday, January 30th. The rating was downgraded by Deutsche Bank to "Hold" on Wednesday, March 23. The firm has "Market Perform" rating given on Thursday, June 15 by Raymond James. The target price by RBC Capital would suggest a potential upside of 38.66 % from the company's last stock close price.

The company shows its Return on Assets (ROA) value of 5.6%. On Monday, October 3 the stock rating was upgraded by Deutsche Bank to "Buy". (NASDAQ:AMZN) on Friday, August 28 with "Outperform" rating. The firm earned "Buy" rating on Tuesday, August 15 by Jefferies. Credit Suisse Group reaffirmed a "hold" rating and set a $19.00 price target on shares of Barrick Gold in a research report on Thursday, January 18th. RBC Capital Markets maintained it with "Outperform" rating and $1000 target in Friday, September 16 report. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. Throughout the prior 3-months, the stock performs -2.04 percent, turning over six-month performance to 12.54 percent. 127 funds opened positions while 657 raised stakes. Cap Investment Ltd Liability Corporation invested in 14,914 shares. It also increased its holding in Astrazeneca Plc (NYSE:AZN) by 21,508 shares in the quarter, for a total of 23,029 shares, and has risen its stake in Vanguard World Fds (VGT). State Treasurer State Of Michigan has invested 0.01% of its portfolio in Home Bancshares, Inc.

The broad-based S&P 500 gained 4.68 points (0.17 per cent) to 2,752.01, while the tech-rich Nasdaq Composite Index finished little changed at 7,481.99. The rating was maintained by TD Securities with "Hold" on Thursday, May 25. The firm earned "Buy" rating on Tuesday, August 2 by Citigroup. The rating was maintained by B. Riley & Co on Friday, November 10 with "Buy". Citigroup upgraded the shares of HPQ in report on Wednesday, April 19 to "Buy" rating. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. WEISLER DION J also sold $11.02 million worth of HP Inc. WILKE JEFFREY A sold $387,475 worth of stock or 250 shares.

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