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.

Related News:

  • Apple to Introduce new Feature for Helping Parents Protect Children

    Apple to Introduce new Feature for Helping Parents Protect Children

    Newer reports nevertheless point out that Apple has finally responded to the investors' demand for iPhone Addiction in Kids. Gizmos and social media are having a very potentially deadly effect on children.

    UBS Issues an Upgrade on FedEx (NYSE:FDX) Shares. What's Next?

    Moreover, Folger Nolan Fleming Douglas Capital Management has 0.92% invested in FedEx Corporation (NYSE: FDX ) for 27,925 shares. BMO Capital Markets reaffirmed a "buy" rating and issued a $300.00 price target on shares of FedEx in a research note on Monday.

    Sirius XM Holdings Inc. (SIRI) Receives Average Rating of "Hold" from Analysts

    A month ago, they told us to expect earnings of US$0.05 per share while three months ago their EPS consensus estimate was US$0.05. Institutional investors have recently modified their holdings of the business. 59 funds opened positions while 125 raised stakes.
  • Vivo demos in-display fingerprint scanner at CES 2018

    Vivo demos in-display fingerprint scanner at CES 2018

    Vivo makes stylish smartphones with cutting-edge technology accessible to young people and professionals around the world. If Vivo ships smartphones with this technology, you can expect other companies such as Xiaomi to follow the same path.
    Here's who's going to be lead in Akshay Kumar's Kesari

    Here's who's going to be lead in Akshay Kumar's Kesari

    The movie, which is directed by Anurag Singh, is all set to hit the theatres on Holi , 2019. Recently Akshay Kumar shared his first look from Kesari and it looked quite impressing.
    OJ Simpson emphatically denies fathering Khloe Kardashian

    OJ Simpson emphatically denies fathering Khloe Kardashian

    For years, rumours circulated that OJ Simpson had an affair with Kris Jenner and Khloe Kardashian is their secret love child. Well, TMZ caught up with Simpson and in a roundabout way forced Juice to address the ancient gossip.
  • Ford will Connect Cars with Bikes and Everything Else

    Ford will Connect Cars with Bikes and Everything Else

    This year it was Chief Executive Jim Hackett on stage, but he continues what has become a Ford tradition at the event. Hackett talked about Ford's City of Tomorrow, which he said will re-imagine how our streets and cities function.

    Analysts See $0.55 EPS for Nucor Corporation (NUE)

    EOG Resources had 110 analyst reports since July 22, 2015 according to SRatingsIntel. (NYSE:EOG) earned "Buy" rating by Robert W. Rothschild Asset Mgmt invested in 0.05% or 791,997 shares. 1,588 were reported by North Star Inv Management Corporation.

    Buckingham Research Increases Comcast (CMCSA) Price Target to $50.00

    Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest accumulated 0.26% or 725,500 shares. It increased, as 46 investors sold UPS shares while 390 reduced holdings. 116 funds opened positions while 640 raised stakes.
  • Collins Praises Rural Broadband Executive Order

    Collins Praises Rural Broadband Executive Order

    Closing the broadband gap could mean a more connected country, with more people on the internet and able to rely on internet-dependent devices.
    Virgin Trains accused of 'censorship' for no longer selling Daily Mail newspapers

    Virgin Trains accused of 'censorship' for no longer selling Daily Mail newspapers

    They informed us last November that to save space, they were restricting sales to just three newspapers: the Mirror, FT and Times. Previously, Virgin Trains only sold around one copy of the tabloid for very four trains, or about 70 copies per day.
    Astros trade for Pirates starting pitcher Gerrit Cole, reports says

    Astros trade for Pirates starting pitcher Gerrit Cole, reports says

    As for the Pirates, a full rebuild could soon follow with stars Andrew McCutchen and Josh Harrison up next on the trade block. Cole did top 200 innings for the second time in 2017 and also saw his strikeout numbers tick back up close to one per inning.

Most liked

Akubra girl "Dolly" killed herself due to bullying, company says
On Wednesday, the family released a statement to media outlets saying Dolly had been "the kindest, caring, attractive soul". Her family did not specify the extent of the teens bullying, but wrote that it is the reason she completed suicide.

JFK airport terminal evacuated after water main breaks and floods baggage claim
As a result, some passengers report sitting on the tarmac for hours before they could deplane or have their plane take off. More than 5,000 flights were canceled because of the storm, according to FlightAware, a flight-tracking site.

Dallas woman ordered no contact with date from hell
Lindy Lou Layman , 29, from Dallas, Texas, has denied Anthony Buzbee's claims that she damaged his art collection. When pressed about what took place on December 23, Keiter told the Chronicle: "I'll save that for the courtroom".

Erdogan says Turkey will continue its military operation in northern Syria
The military operation was launched in August 2016 to eliminate the presence of Daesh in northern Syria, near the border of Turkey.

Investors Sell Shares of Pepsico (PEP) on Strength (PEP)
After $1.48 actual EPS reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth. It improved, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes.

Suarez Officially Welcomes Coutinho To Barcelona
Liverpool need to replace Coutinho with a proven quality star and Uruguayan worldwide Luis Suarez has been in the lime light. Coutinho's debut is weeks away, however, after the Blaugrana confirmed a thigh injury will keep him out for 20 days.

SteelSeries Launches New TrueMove3+ dual sensor setup For Competitive Gamers
If you're one of the people afflicted by that problem, SteelSeries has you covered with their latest Rival 600 gaming mouse . The mouse uses SteelSeries' tried and tested 12,000 CPI TrueMove 3, which we've seen in other mice such as the Rival 310.

Which Insider sold 37050 Shares Of Discovery Communications, Inc. (DISCK)?
Discovery Communications had 89 analyst reports since August 3, 2015 according to SRatingsIntel. (NASDAQ:DISCA) for 44,164 shares. Pennsylvania-based Vantage Investment Advsr Ltd Liability has invested 0.09% in Discovery Communications, Inc. (NASDAQ: DISCA ).

Amazon CEO Jeff Bezos now the richest man EVER
Most of Bezos' fortune is in Amazon shares , which rose about 56 percent last year and around 7 percent this year to date. At his current net worth of $91.9 billion, this would easily put Gates well above Bezos, reports CNNMoney .

Bond Market's Bulls Are Shaken, If Not Shattered: Scott Dorf
Yields elsewhere have been moving higher and the potential for a bigger shift at the Bank of Japan has put a bid in the yen today. But this week, the yield on the 10-year Treasury - the global benchmark - broke above the key 2.50 percent barrier.

Vikings' Latavius Murray projected for just under 70 yards against Saints
NOTES: QB Sam Bradford continued practicing on Monday as the Vikings consider whether to activate him off injured reserve. In winning his last three starts, Keenum has four touchdowns and no picks while averaging 188 yards per game.

UK Fines Mobile Phone Retailer Carphone Warehouse over 2015 Data Breach
The ICO found Carphone Warehouse to have failed in its steps to ensure the protection of personal information. The attackers are said to have accessed the data by using valid log-ins for out-of-date WordPress software.

Rep. Darrell Issa surprises with plans to not seek re-election
In a press release, Issa said, with the help and support of his family, he decided not seek re-election in California's 49th District .

Link Real Estate Investment Trust (SEHK:823) Valuation By The Numbers
The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings. The stock of Wells Fargo & Company (NYSE:WFC) earned "Underperform" rating by Macquarie Research on Friday, September 25.

Harvey Weinstein Attacked at Restaurant in Arizona
The restaurant manager, however, claims Weinstein was "sweet", politely declining when asked to take the photo. Harvey Weinstein was reportedly attacked by a drunken diner at a restaurant after he refused a photograph.