Barrick Gold (GOLD) Stock Forecast & Price Target

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$17.37

-0.49 (-2.74%)

(As of 04/15/2024 ET)

Barrick Gold Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 16 Analyst Ratings

Analysts' Consensus Price Target

$22.00
26.66% Upside

High Forecast	$28.00
Average Forecast	$22.00
Low Forecast	$18.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$22.00	$22.00	$21.92	$21.88
Predicted Upside	26.66% Upside	39.83% Upside	33.03% Upside	32.68% Upside

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GOLD Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GOLD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Barrick Gold Stock vs. The Competition

Type	Barrick Gold	Basic Materials Companies	S&P 500
Consensus Rating Score	2.63	2.57	2.48
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	26.66% Upside	400.48% Upside	11.23% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/8/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Parkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform Overweight
3/4/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$18.00	+17.88%
2/29/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold ➝ Buy	$15.00 ➝ $21.00	+46.44%
2/26/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
2/20/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$24.00 ➝ $23.00	+56.25%
2/16/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$22.00 ➝ $21.00	+42.86%
Get the Latest News and Ratings for GOLD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Barrick Gold and its competitors with MarketBeat's FREE daily newsletter.
2/15/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$24.00 ➝ $23.00	+57.43%
2/15/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$26.00 ➝ $24.00	+66.55%
2/7/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$27.00 ➝ $23.00	+53.85%
1/8/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
11/28/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$20.00 ➝ $18.00	+3.93%
10/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$25.00 ➝ $23.00	+56.89%
10/4/2023	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Reduce
8/17/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$22.00 ➝ $20.00	+28.62%
8/9/2023	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Buy
5/4/2023	Laurentian Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$5.00 ➝ C$4.70
4/21/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$19.00 ➝ $22.00	+15.36%
4/21/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$26.00 ➝ $28.00	+45.83%
4/20/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$29.00 ➝ C$30.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:27 AM ET.

GOLD Price Target - Frequently Asked Questions

What is Barrick Gold's consensus rating and price target?: According to the issued ratings of 16 analysts in the last year, the consensus rating for Barrick Gold stock is Moderate Buy based on the current 1 sell rating, 4 hold ratings and 11 buy ratings for GOLD. The average twelve-month price prediction for Barrick Gold is $22.00 with a high price target of $28.00 and a low price target of $18.00. Learn more on GOLD's analyst rating history.
Do Wall Street analysts like Barrick Gold more than its competitors?: Analysts like Barrick Gold more than other Basic Materials companies. The consensus rating score for Barrick Gold is 2.63 while the average consensus rating score for basic materials companies is 2.58. Learn more on how GOLD compares to other companies.
Does Barrick Gold's stock price have much upside?: According to analysts, Barrick Gold's stock has a predicted upside of 39.83% based on their 12-month stock forecasts.

What analysts cover Barrick Gold?: Barrick Gold has been rated by Argus, BMO Capital Markets, CIBC, Jefferies Financial Group, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.

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This page (NYSE:GOLD) was last updated on 4/16/2024 by MarketBeat.com Staff

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Barrick Gold (GOLD) Stock Forecast & Price Target

Barrick Gold Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

GOLD Analyst Ratings By Month

GOLD Price Targets by Month

Barrick Gold Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

GOLD Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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