Brokerages Set B2Gold Corp. (BTO) Target Price at $5.19

Shares of B2Gold Corp. (TSE:BTO) (NYSE:BTG) have received a consensus rating of “Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$5.19.

A number of equities analysts have weighed in on BTO shares. Scotiabank reiterated an “outperform” rating and set a C$4.75 price objective on shares of B2Gold in a research note on Thursday, November 9th. Eight Capital set a C$4.50 target price on B2Gold and gave the stock a “buy” rating in a report on Monday, September 25th. National Bank Financial boosted their target price on B2Gold from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a report on Tuesday, September 26th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$5.00 price target on shares of B2Gold in a research report on Tuesday. Finally, Canaccord Genuity upped their price objective on shares of B2Gold from C$5.00 to C$5.50 in a research note on Friday, September 29th.

B2Gold (BTO) traded up C$0.10 during midday trading on Friday, hitting C$3.36. The company’s stock had a trading volume of 2,168,338 shares, compared to its average volume of 4,309,081. B2Gold has a twelve month low of C$2.69 and a twelve month high of C$4.64.

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