Equinox Gold (CVE:EQX – Get Free Report) had its target price hoisted by analysts at Canaccord Genuity Group from C$11.75 to C$12.00 in a report released on Monday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 52.28% from the company’s current price.
A number of other research firms also recently issued reports on EQX. Haywood Securities cut their target price on shares of Equinox Gold from C$11.50 to C$10.50 in a research report on Monday, February 26th. BMO Capital Markets increased their price objective on shares of Equinox Gold from C$8.00 to C$10.00 in a report on Monday. CIBC lifted their target price on shares of Equinox Gold from C$6.80 to C$9.25 in a report on Monday, April 15th. National Bankshares dropped their target price on shares of Equinox Gold from C$11.50 to C$10.50 in a research report on Friday, April 19th. Finally, TD Securities reduced their price target on Equinox Gold from C$8.50 to C$8.00 and set a “buy” rating on the stock in a research report on Friday, February 23rd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$9.03.
Check Out Our Latest Report on EQX
Equinox Gold Trading Down 0.9 %
About Equinox Gold
Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company's principal properties include the Aurizona project covering a total land package of approximately 223,160 hectares located in Maranhão State, Brazil; and the Castle Mountain property situated in California, the United States.
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