Barrick Gold Stock Target Price and Analyst Consensus
| GOLD Stock | USD 18.09 0.18 0.99% |
The current analyst and expert consensus on Barrick Gold is Strong Buy with 6 buy recommendations. The current projected Barrick Gold target price consensus is 22.37, with 22 analyst opinions. Barrick Gold buy-or-sell recommendation module provides average expert sentiment on the projected Barrick Gold Corp target price to derive its highest and lowest estimates based on target price estimated volatility of 1.9355. Check out Macroaxis Advice on Barrick Gold to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 20.35 | Highest Forecast 24.83 | Target Price 22.37 |
Barrick |
It's important to approach Barrick Gold's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Barrick Gold price targets
Barrick Gold's stock target price is an estimate of its future price, usually made by analysts. Using Barrick Gold's target price to determine if it is a suitable investment can be done through the following steps:- Look at Barrick Gold's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Barrick Gold's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Barrick Gold Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Barrick Gold is a key component of Barrick Gold valuation and have some predictive power on the future returns of a Barrick Gold.Trending Themes
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Check out Macroaxis Advice on Barrick Gold to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, the presentation of Barrick Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Barrick Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Barrick Gold's management manipulating its earnings.