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B2Gold (BTO) Stock Forecast & Price Target

C$4.04
-0.06 (-1.46%)
(As of 07/24/2024 ET)

B2Gold - Analysts' Recommendations 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.

Consensus Rating

Based on 10 Wall Street analysts who have issued ratings for B2Gold in the last 12 months, the stock has a consensus rating of "Buy." Out of the 10 analysts, 1 has given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for BTO.

Consensus Price Target

C$5.97
47.84% Upside
High ForecastC$8.00
Average ForecastC$5.97
Low ForecastC$3.40

According to the 10 analysts' twelve-month price targets for B2Gold, the average price target is C$5.97. The highest price target for BTO is C$8.00, while the lowest price target for BTO is C$3.40. The average price target represents a forecasted upside of 47.84% from the current price of C$4.04.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$5.97C$5.95C$6.10C$7.33
Forecasted Upside47.84% Upside58.81% Upside64.59% Upside45.29% Upside
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BTO Analyst Recommendations 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.
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BTO 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.
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B2Gold Stock vs. The Competition

TypeB2GoldBasic Materials Companies
Consensus Rating Score
3.00
2.64
Consensus RatingBuyModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/23/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetC$7.00 ➝ C$7.25+76.83%
7/10/2024Cibc World Mkts
0 of 5 stars
A. Soni
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DowngradeStrong-Buy ➝ Hold
6/20/2024Cormark
2 of 5 stars
 Boost TargetC$5.00 ➝ C$5.50+52.35%
5/9/2024Scotiabank
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 Lower TargetC$5.50 ➝ C$5.00+32.98%
4/22/2024Eight Capital
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 Lower TargetBuyC$7.25 ➝ C$7.00+102.90%
4/19/2024Stifel Nicolaus
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 Lower TargetC$6.50 ➝ C$6.00+66.67%
3/19/2024BMO Capital Markets
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 Lower TargetOutperformC$6.50 ➝ C$6.00+76.99%
2/27/2024National Bankshares
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 Lower TargetOutperformC$5.50 ➝ C$5.25+61.04%
2/7/2024CIBC
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 Lower TargetOutperformC$3.60 ➝ C$3.40-5.56%
11/10/2023TD Securities
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 Lower TargetAction List BuyC$9.00 ➝ C$8.00+93.70%
10/26/2023Pi Financial
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 Lower TargetBuyC$6.60 ➝ C$6.00+37.93%
10/18/2023Bank of America
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 Lower TargetC$6.50 ➝ C$6.30+36.66%
2/14/2023National Bank Financial
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D. Demarco
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Reiterated RatingOutperform Overweight
11/1/2022M Partners
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B. Pirie
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Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:55 AM ET.

BTO Forecast - Frequently Asked Questions

What is B2Gold's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for B2Gold is C$5.97, with a high forecast of C$8.00 and a low forecast of C$3.40.

Should I buy or sell B2Gold stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B2Gold in the last year. There is currently 1 hold rating, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BTO shares.

Does B2Gold's stock price have much upside?

According to analysts, B2Gold's stock has a predicted upside of 59.00% based on their 12-month stock forecasts.

Has B2Gold been downgraded by Wall Street analysts recently?

Over the previous 90 days, B2Gold's stock had 1 downgrade by analysts.

What analysts cover B2Gold?

B2Gold has been rated by research analysts at Canaccord Genuity Group, Cibc World Mkts, Cormark, and Scotiabank in the past 90 days.

Do Wall Street analysts like B2Gold more than its competitors?

Analysts like B2Gold more than other "basic materials" companies. The consensus rating for B2Gold is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how BTO compares to other companies.


This page (TSE:BTO) was last updated on 7/25/2024 by MarketBeat.com Staff

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