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Randgold Resources Ltd. (NASDAQ: GOLD) was downgraded by Zacks Investment Research from a "buy" note to a "hold" note in a According to Zacks, "Randgold Resources is a company international exploration and gold mining that has discovered to date the deposit of 7 Moz Morila in southern Mali, the deposit of Moz Yalea plus 5 3 The deposit of Moz Tongon in Côte d & rsquo; Ivory The company has successfully developed the Morila deposit in one of the largest and richest gold mines in the world.In addition, Randgold Resources has a portfolio of projects Prospective exploration across Africa in Mali. "Ivory Coast, Senegal, Burkina Faso, Ghana and Tanzania."
A number of other stock market analysts have also published reports on GOLD Deutsche Bank AG has reaffirmed a note "hold" on the shares of Randgold Resources in a search. ort on Wednesday, August 10th. Berenberg Bank began covering Randgold Resources in a research report on Wednesday, September 7th. They define a "hold" rating on the stock. In a research report on Wednesday, July 13, Scotiabank reduced Randgold Resources from a "sector perform" rating to an "underperforming" rating. Investec republished a "buy" note on Randgold Resources shares in a research report on Tuesday, July 19th. Finally, Jefferies Group changed Randgold Resources from a "hold" rating to a "buy" rating in a research report on Thursday, July 14th. Three equity research analysts evaluated the stock with a sales note, eight assigned a reserve rating and eight issued a purchase note to the company. Randgold Resources currently has an average rating of "Hold" and a consensus price target of $ 101.00
