Detour Gold Corp (DRGDF) Rating Reiterated by BMO Capital Markets
Detour Gold Corp (OTCMKTS:DRGDF)‘s stock had its “market perform” rating reissued by analysts at BMO Capital Markets in a note issued to investors on Tuesday, Analyst Ratings Network.com reports. They presently have a $17.00 price target on the stock, up from their prior price target of $16.75. BMO Capital Markets’ target price points to a potential upside of 48.46% from the stock’s previous close.
Shares of Detour Gold Corp (OTCMKTS:DRGDF) opened at 11.4509 on Tuesday. The company’s market cap is $1.96 billion. The firm has a 50-day moving average of $10.78 and a 200-day moving average of $10.53. Detour Gold Corp has a one year low of $7.15 and a one year high of $13.48.
Several other equities analysts also recently weighed in on the stock. RBC Capital reaffirmed an “outperform” rating and set a $19.00 price target on shares of Detour Gold Corp in a report on Thursday, January 14th. TD Securities reissued a “buy” rating and issued a $22.00 target price (up previously from $21.00) on shares of Detour Gold Corp in a report on Friday, December 4th. National Bank Financial reissued an “outperform” rating and issued a $17.50 target price on shares of Detour Gold Corp in a report on Sunday, November 29th. LB Securities reissued a “buy” rating and issued a $17.00 target price on shares of Detour Gold Corp in a report on Monday, November 2nd. Finally, Raymond James reissued an “outperform” rating and issued a $19.25 target price (up previously from $15.00) on shares of Detour Gold Corp in a report on Sunday, October 18th. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $18.11.
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