Barrick Gold (ABX) Given New C$27.00 Price Target at Canaccord Genuity

The stock decreased 1.50% or $0.25 during the last trading session, reaching $16.42. Among active positions in the latest quarter, 199 holders increased their positions by a total of 41.89 million shares, 188 holders decreased the positions by a total of 52.88 million shares, and 100 holders held their positions.

WARNING: "Oldfield Partners LLP Sells 53,900 Shares of Barrick Gold Corp (NYSE:ABX)" was first posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. It has underperformed by 7.29% the S&P500.

Harding Loevner Lp increased its stake in Grupo Televisa Sa (TV) by 265.67% based on its latest 2017Q3 regulatory filing with the SEC. MML Investors Services LLC now owns 11,644 shares of the basic materials company's stock valued at $185,000 after buying an additional 1,209 shares in the last quarter. The institutional investor held 59,522 shares of the semiconductors company at the end of 2017Q3, valued at $2.27 million, up from 9,398 at the end of the previous reported quarter. Symons Capital Management Inc who had been investing in The J.M. Smucker Company for a number of months, seems to be bullish on the $13.45 billion market cap company.

MetLife, Inc. (NYSE:MET)'s stock on Wednesday traded at beginning with a price of $ 45.95 and when day-trade ended the stock finally popped up 0.13% to reach at $46.26. About 49.30 million shares traded or 45.17% up from the average. Kinder Morgan, Inc. (NYSE:KMI) has risen 13.09% since February 10, 2017 and is uptrending. It has outperformed by 2.77% the S&P500. Zevenbergen Capital Invs holds 0.02% or 4,125 shares in its portfolio. The stock has a market cap of $15,430.00, a PE ratio of 7.07, a P/E/G ratio of 7.42 and a beta of -0.35. After $0.16 actual earnings per share reported by Barrick Gold Corporation for the previous quarter, Wall Street now forecasts 31.25% EPS growth.

In light of the SMA order to close surface facilities in Chile, and current plans to evaluate an underground mine, Barrick is reclassifying Pascua-Lama's proven and probable gold reserves of approximately 14 million ounces, which are based on an open pit mine plan, as measured and indicated resources.1 As a result, we expect to record an estimated pre-tax impairment of Dollars 429 million at Pascua-Lama in the fourth quarter of 2017. Two equities research analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and three have given a buy recommendation to the company. Therefore 33% are positive. Barrick Gold Corp. had 40 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Canaccord Genuity on Friday, July 31 to "Hold". Citigroup initiated the shares of ABX in report on Tuesday, August 2 with "Buy" rating. Finally, Desjardins restated a hold rating on shares of Barrick Gold in a research report on Monday, December 11th. The third largest holder is Capital World Investors, which now holds $484.47 million worth of this stock and that ownership represents nearly 3.02% of its market capitalization. The stock has "Buy" rating by Sidoti on Monday, October 5. The firm earned "Buy" rating on Monday, October 30 by RBC Capital Markets. The firm has "Sector Perform" rating by RBC Capital Markets given on Wednesday, November 1. The firm earned "Buy" rating on Thursday, July 14 by Jefferies.

Barrick Gold Corporation (NYSE:ABX) has the Market Capitalization of 16.2 Billion. Clarkson Platou upgraded Barrick Gold Corporation (NYSE:ABX) on Monday, April 18 to "Buy" rating.

The company is expected to report earnings of $0.21 a share for the next quarter. Cornerstone accumulated 228,013 shares or 4.2% of the stock. YOFFIE DAVID B sold 30,000 shares worth $1.35M.

It is down 0.00% since February 10, 2017 and is. Capital Research Global Investors now owns 3,175,587 shares of the basic materials company's stock worth $50,521,000 after purchasing an additional 909,926 shares during the period. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. Parametric Associates Ltd Liability Com holds 51,802 shares or 0% of its portfolio. Manufacturers Life Ins The holds 0% or 8,221 shares. Bank of New York Mellon Corp now owns 7,560,535 shares of the basic materials company's stock worth $109,401,000 after buying an additional 400,097 shares during the last quarter. Sonata Cap stated it has 0.34% in Intel Corporation (NASDAQ:INTC). Shell Asset Mngmt Comm reported 0.81% in Intel Corporation (NASDAQ:INTC).

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