Zacks upgraded shares of Yamana Gold (NYSE: AUY) from an underperform rating to a neutral rating in a research report released on Wednesday morning. Zacks currently has $16.30 price target on the stock.
Yamana Gold traded down 3.45% on Wednesday, hitting $15.11. Yamana Gold has a 52-week low of $12.68 and a 52-week high of $20.59. The stock’s 50-day moving average is currently $16.73. The company has a market cap of $11.355 billion and a price-to-earnings ratio of 32.60.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital cut their price target on shares of Yamana Gold from $24.00 to $22.00 in a research note to investors on Monday, February 4th. They now have an overweight rating on the stock. Separately, analysts at Scotiabank cut their price target on shares of Yamana Gold from $25.00 to $24.00 in a research note to investors on Friday, January 18th. They now have an outperform rating on the stock. Finally, analysts at Davy downgraded shares of Yamana Gold from an outperform rating to a neutral rating in a research note to investors on Tuesday, January 15th.
Fifteen analysts have rated the stock with a buy rating, two have given an overweight rating, two have given a hold rating, and one has assigned an underweight rating to the company’s stock. The company currently has an average rating of buy and an average target price of $22.78.
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