S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

New Gold (NGD) Stock Forecast & Price Target

C$1.88
-0.08 (-4.08%)
(As of 12/8/2023 08:59 PM ET)
Compare
Today's Range
C$1.88
C$1.95
50-Day Range
C$1.21
C$2.05
52-Week Range
C$1.13
C$2.05
Volume
1.70 million shs
Average Volume
1.09 million shs
Market Capitalization
C$1.29 billion
P/E Ratio
N/A
Dividend Yield
0.92%
Price Target
C$1.90

New 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

Hold
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

C$1.90
1.06% Upside
High ForecastC$2.50
Average ForecastC$1.90
Low ForecastC$1.40
TypeCurrent Forecast
12/11/22 to 12/11/23
1 Month Ago
11/11/22 to 11/11/23
3 Months Ago
9/12/22 to 9/12/23
1 Year Ago
12/11/21 to 12/11/22
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
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$1.90C$1.75C$1.57C$1.33
Predicted Upside1.06% Upside11.59% Upside4.12% Upside1.14% Upside
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NGD 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.
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NGD 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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New Gold Stock vs. The Competition

TypeNew GoldBasic Materials Companies
Consensus Rating Score
2.33
2.57
Consensus RatingHoldModerate Buy
News Sentiment RatingNegative News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/6/2023BMO Capital Markets
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 Boost TargetOutperformC$2.00 ➝ C$2.25+55.17%
7/28/2023National Bankshares
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 Lower TargetC$2.00 ➝ C$1.75+17.45%
4/28/2023National Bank Financial
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 Lower TargetC$2.25 ➝ C$2.00+14.29%
4/20/2023Raymond James
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 Boost TargetMarket PerformC$1.00 ➝ C$1.50-14.29%
4/5/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$1.30 ➝ C$1.40-11.39%
2/17/2023Laurentian
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$2.75 ➝ C$2.50+93.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:02 AM ET.












NGD Price Target - Frequently Asked Questions

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

According to the issued ratings of 3 analysts in the last year, the consensus rating for New Gold stock is Hold based on the current 2 hold ratings and 1 buy rating for NGD. The average twelve-month price prediction for New Gold is C$1.90 with a high price target of C$2.50 and a low price target of C$1.40. Learn more on NGD's analyst rating history.

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

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

Does New Gold's stock price have much upside?

According to analysts, New Gold's stock has a predicted upside of 19.66% based on their 12-month stock forecasts.

What analysts cover New Gold?

New Gold has been rated by BMO Capital Markets in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:NGD) was last updated on 12/11/2023 by MarketBeat.com Staff

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