Detour Gold Corp (DRGDF) Earns “Outperform” Rating from RBC Capital
RBC Capital reissued their outperform rating on shares of Detour Gold Corp (OTCMKTS:DRGDF) in a research note published on Wednesday, Analyst Ratings Network.com reports. RBC Capital currently has a $22.00 price target on the stock, up from their previous price target of $19.00.
Shares of Detour Gold Corp (OTCMKTS:DRGDF) opened at 12.157 on Wednesday. Detour Gold Corp has a 12 month low of $7.15 and a 12 month high of $13.48. The firm’s market cap is $2.08 billion. The firm has a 50-day moving average of $10.85 and a 200 day moving average of $10.54.
A number of other research firms have also weighed in on DRGDF. BMO Capital Markets lowered Detour Gold Corp from an outperform rating to a market perform rating in a research report on Friday, October 9th. Goldman Sachs reiterated a buy rating and issued a $18.00 price target (up previously from $17.00) on shares of Detour Gold Corp in a research report on Wednesday, January 27th. Raymond James reiterated an outperform rating and issued a $19.25 price target (up previously from $15.00) on shares of Detour Gold Corp in a research report on Sunday, October 18th. LB Securities reiterated a buy rating and issued a $17.00 price target on shares of Detour Gold Corp in a research report on Monday, November 2nd. Finally, TD Securities reiterated a buy rating and issued a $22.00 price target (up previously from $21.00) on shares of Detour Gold Corp in a research report on Friday, December 4th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Detour Gold Corp currently has an average rating of Buy and a consensus target price of $18.23.
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