S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
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S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
pixel
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
pixel
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
pixel
NYSEAMERICAN:NGD

New Gold Price Target, Predictions & Analyst Ratings

$1.10
-0.04 (-3.51 %)
(As of 09/24/2021 12:00 AM ET)
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Compare
Today's Range
$1.10
$1.15
50-Day Range
$1.93
$2.37
52-Week Range
$1.01
$2.40
Volume4.35 million shs
Average Volume6.62 million shs
Market Capitalization$748.93 million
P/E RatioN/A
Dividend YieldN/A
Beta1.91

New Gold (NYSEAMERICAN:NGD) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.

Analyst Rating Consensus

Hold
Based on 8 Analyst Ratings

Analyst Price Target Consensus

$2.10

High PT$3.25
Average PT$2.10
Low PT$1.50
TypeCurrent
9/26/20 to 9/26/21
1 Month Ago
8/27/20 to 8/27/21
3 Months Ago
6/28/20 to 6/28/21
1 Year Ago
9/27/19 to 9/26/20
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$2.10$2.08$1.99$1.61
Price Target Upside90.91% Upside26.77% Upside7.16% Upside13.13% Upside
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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.

Average Share Price and Price Target 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.

New Gold (NYSEAMERICAN:NGD) vs. Its Competitors

TypeNew GoldBasic Materials CompaniesS&P 500
Consensus Rating Score
2.13
2.63
2.56
Consensus RatingHoldBuyBuy
Price Target Upside90.73% Upside7.85% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
412
60.06%
Underperform Votes
274
39.94%
Avg. Outperform Votes
132
63.16%
Avg. Underperform Votes
77
36.84%
Avg. Outperform Votes
829
69.49%
Avg. Underperform Votes
364
30.51%

New Gold (NYSEAMERICAN:NGD) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/17/2021Cormark
Reiterated RatingHold
9/14/2021Raymond James
Set Price TargetMarket Perform$2.00+63.26%
9/14/2021BMO Capital Markets
Lower Price TargetOutperformC$3.50 ➝ C$3.25+163.16%
9/14/2021Canaccord Genuity
Lower Price TargetBuyC$2.75 ➝ C$2.00+61.29%
9/8/2021Royal Bank of Canada
UpgradeUnderperform ➝ Sector Perform$1.75 ➝ $1.50+21.95%
8/11/2021National Bank Financial
M. Parkin
DowngradeOutperform ➝ Sector Perform
2/2/2021CIBC
DowngradeSector Outperform ➝ Neutral
10/8/2020Bank of America
Boost Price TargetUnderperform$1.55 ➝ $1.75-11.62%
8/5/2020TD Securities
Boost Price TargetHold$1.30 ➝ $1.80+4.05%
7/29/2020Credit Suisse Group
Reiterated RatingHold$1.40-15.66%
5/30/2019JPMorgan Chase & Co.
DowngradeNeutral ➝ Underweight
2/22/2019GMP Securities
Reiterated RatingNeutral$1.15+29.21%
(Data available from 9/26/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)
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New Gold (NYSEAMERICAN:NGD) Analyst Ratings Frequently Asked Questions

What is New Gold's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for New Gold stock is Hold based on the current 1 sell rating, 5 hold ratings and 2 buy ratings for NGD. The average twelve-month price target for New Gold is $2.10 with a high price target of $3.25 and a low price target of $1.50. Learn more on NGD's analyst rating history

Do Wall Street analysts like New Gold more than its competitors?

Analysts like New Gold stock less than the stock of other Basic Materials companies. The consensus rating for New Gold is Hold while the average consensus rating for basic materials companies is Buy. Learn more on how NGD compares to other companies

Do MarketBeat users like New Gold more than its competitors?

MarketBeat users like New Gold stock less than the stock of other Basic Materials companies. 60.06% of MarketBeat users gave New Gold an outperform vote while basic materials companies recieve an average of 63.16% outperform votes by MarketBeat users.

Is New Gold being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, New Gold's stock had 1 upgrade and 1 downgrade by analysts.

Does New Gold's stock price have much upside?

According to analysts, New Gold's stock has a predicted upside of 51.95% based on their 12-month price targets.

What analysts cover New Gold?

This page was last updated on 9/26/2021 by MarketBeat.com Staff

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