Detour Gold Co. (TSE:DGC) had its price target boosted by equities researchers at National Bank Financial from C$28.00 to C$30.00 in a report issued on Friday, StockTargetPrices.com reports. National Bank Financial’s price target points to a potential upside of 15.61% from the company’s previous close.
Detour Gold (TSE:DGC) traded down 1.70% during trading on Friday, reaching $25.51. The company had a trading volume of 344,779 shares. Detour Gold has a 52 week low of $10.62 and a 52 week high of $30.50. The firm’s market capitalization is $4.41 billion. The stock has a 50 day moving average price of $20.63 and a 200 day moving average price of $16.55.
Other equities analysts have also recently issued research reports about the stock. Canaccord Genuity raised their target price on shares of Detour Gold from C$25.50 to C$29.00 and gave the company a “buy” rating in a research note on Friday, April 29th. Goldman Sachs raised their target price on shares of Detour Gold from C$20.10 to C$28.00 in a research note on Wednesday, May 11th. RBC Capital raised their target price on shares of Detour Gold from C$22.00 to C$23.00 and gave the company an “outperform” rating in a research note on Tuesday, March 15th. Desjardins raised shares of Detour Gold from a “hold” rating to a “buy” rating and raised their target price for the company from C$21.00 to C$21.50 in a research note on Thursday, March 31st. Finally, Raymond James raised their target price on shares of Detour Gold to C$30.00 in a research note on Wednesday, April 20th. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$22.88.
