Jefferies Group Comments on Barrick Gold Corp's FY2017 Earnings (ABX)

Berenberg Bank reiterated a "sell" rating and issued a $15.20 price target on shares of Barrick Gold Corporation in a research note on Friday, January 20th. The Continental Advisors Llc holds 44,000 shares with $708,000 value, down from 90,000 last quarter. Barrick Gold Corporation has a 12 month low of $9.65 and a 12 month high of $23.47. The stock traded within a range of $14.45 and $14.72. The hedge fund run by Jean held 35.35 million shares of the precious metals company at the end of 2017Q3, valued at $568.86 million, up from 34.81M at the end of the previous reported quarter. The stock of Barrick Gold Corporation (NYSE:ABX) earned "Buy" rating by HSBC on Tuesday, September 8. It has underperformed by 24.96% the S&P500. 126.63 million shares or 2.37% more from 123.70 million shares in 2017Q2 were reported. ALXN's profit will be $241.28 million for 28.19 P/E if the $1.08 EPS becomes a reality. The stock increased 1.75% or $2.1 during the last trading session, reaching $121.8. About 159,869 shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 48.85% since January 9, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.42, from 1.1 in 2017Q2. It worsened, as 36 investors sold ALXN shares while 174 reduced holdings. 37 funds opened positions while 124 raised stakes. (NASDAQ:ALXN). Third Point Limited reported 1.00M shares. Alliancebernstein Lp owns 0.01% invested in Michael Kors Holdings Limited (NYSE:KORS) for 387,816 shares. Huntington Bancorp has 129 shares. ABX's SI was 9.46M shares in January as released by FINRA. They expect $1.26 earnings per share, down 23.17% or $0.38 from last year's $1.64 per share. The Tennessee-based Weaver C Barksdale And Inc has invested 0% in Aqua America, Inc. Bradley Foster & Sargent Ct reported 24,140 shares. Mngmt Of Virginia Lc, Virginia-based fund reported 4,760 shares. Fuller Thaler Asset Management reported 0% stake. Teachers Retirement Systems Of The State Of Kentucky holds 17,541 shares or 0.01% of its portfolio. Metropolitan Life Ins Communications Ny holds 0.03% of its portfolio in Twenty-First Century Fox, Inc. Mitchell Sinkler Starr Pa holds 0.63% or 2,347 shares. Loeb invested 0.14% in Zions Bancorporation (NASDAQ:ZION).

Since August 4, 2017, it had 0 insider buys, and 5 insider sales for $1.56 million activity. Perry Jonathan L had sold 20,270 shares worth $595,392 on Wednesday, December 13. Barrick Gold presently has an average rating of Hold and a consensus target price of $18.44. Therefore 50% are positive.

Analysts await Barrick Gold Corporation (NYSE:ABX) to report earnings on February, 21. The firm earned "Buy" rating on Wednesday, August 5 by Sandler O'Neill. (NYSE:WTR) earned "Buy" rating by Wells Fargo on Thursday, October 19. The firm has "Sell" rating by UBS given on Tuesday, April 26. The rating was maintained by Raymond James on Thursday, June 15 with "Market Perform". Tudor Investment Corp Et Al who had been investing in Cubesmart for a number of months, seems to be bullish on the $5.13 billion market cap company. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services.

Barrick Gold Corp (TSE:ABX) (NYSE:ABX) has earned a consensus recommendation of "Hold" from the ten brokerages that are covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. Therefore 33% are positive. The firm earned "Buy" rating on Thursday, July 14 by Jefferies. As per Tuesday, August 2, the company rating was initiated by Citigroup. Goldman Sachs maintained Facebook, Inc. BMO Capital Markets maintained the stock with "Hold" rating in Sunday, October 1 report. The stock has "Buy" rating by RBC Capital Markets on Monday, September 25. The company was maintained on Monday, July 3 by Jefferies. Jefferies maintained Barrick Gold Corporation (NYSE:ABX) rating on Friday, April 7. They expect $0.21 EPS, down 4.55% or $0.01 from last year's $0.22 per share. The company has a market capitalization of $17,000.00, a PE ratio of 7.88, a P/E/G ratio of 8.45 and a beta of -0.42. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth. The company's stock had a trading volume of 8,362,600 shares, compared to its average volume of 10,838,660. It also upped Corporate Office Pptys Tr (NYSE:OFC) stake by 38,323 shares and now owns 45,523 shares. Facebook Inc (NASDAQ:FB) was raised too.

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