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Capital International Inc. CA Buys Shares of 30400 Barrick Gold Corporation (ABX)

17 September 2017

The Dekabank Deutsche Girozentrale holds 573,635 shares with $8.80 million value, up from 293,554 last quarter. Jefferies Group LLC set a $20.00 target price on Barrick Gold Corporation and gave the company a "buy" rating in a report on Tuesday, August 15th. The basic materials company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.05. The company saw 10.63 million shares trade hands over the course of the day. Cmt Asset Management Ltd sold 328,426 shares as Barrick Gold Corp (ABX)'s stock declined 17.45%. It has underperformed by 24.96% the S&P500.

Kenneth Mario Garschina decreased its stake in Hyatt Hotels Corp (H) by 40.63% based on its latest 2016Q4 regulatory filing with the SEC. The number of shares now owned by investors are 1.18 bln. River & Mercantile Asset Management LLP acquired a new position in shares of Barrick Gold Corporation in the 2nd quarter valued at about $1,907,000. The company had revenue of $2.16 billion during the quarter, compared to analysts' expectations of $2.03 billion. The stock increased 0.39% or $0.32 on September 15, reaching $82.12. Also, the Hold rating count is 0, as of 14 Sep 2017. It has underperformed by 10.01% the S&P500.

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Although Barrick Gold shares have outperformed the broader S&P 500 Index (SPX) over the past three months, there's still plenty of room aboard the bullish bandwagon. RBC Capital Markets maintained the stock with "Outperform" rating in Tuesday, August 11 report. Therefore 48% are positive. ING Groep NV purchased a new stake in Barrick Gold Corporation during the fourth quarter worth approximately $923,000. $19.37's average target is 11.97% above currents $17.3 stock price. The value of the total investment in Barrick Gold Corporation increased from $107,000 to $86,000,000 a change of $85,893,000 for the reporting period. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since September 15, 2016 and is downtrending. The company was upgraded on Monday, April 18 by Clarkson Platou. The firm earned "Underperform" rating on Wednesday, January 4 by Scotia Capital. The stock of InterOil Corporation (USA) (NYSE:IOC) has "Neutral" rating given on Tuesday, August 2 by Goldman Sachs. On Monday, August 3 the stock rating was upgraded by Goldman Sachs to "Buy". The stock now has an average rating of "Hold" and a consensus price target of $21.23. The company has a market capitalization of $20.17 billion, a PE ratio of 8.56 and a beta of -0.29. The firm earned "Outperform" rating on Friday, May 6 by Barrington Research. The firm has "Market Perform" rating by BMO Capital Markets given on Thursday, July 6.

Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) last announced its earnings results on Wednesday, July 26th. Today?" on September 04, 2017, also Fool.ca with their article: "Gold Tops US$1300: "Time to Buy Barrick Gold Corp.?" published on August 21, 2017, Schaeffersresearch.com published: "This Gold Stock Looks Like a Bargain" on September 15, 2017. The stock of Barrick Gold Corp (USA) (NYSE:ABX) has "Hold" rating given on Friday, June 23 by TD Securities.

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Mason Capital Management Llc, which manages about $13.63 billion and $1.90 billion US Long portfolio, upped its stake in Media General Inc (NYSE:MEG) by 1.11M shares to 3.18 million shares, valued at $59.80M in 2016Q4, according to the filing.

Analysts await Medtronic plc. (NASDAQ:AMKR) to report earnings on October, 30. During the same quarter in the prior year, the firm earned $0.14 earnings per share. After $0.14 actual EPS reported by Amkor Technology, Inc. for the previous quarter, Wall Street now forecasts 35.71% EPS growth. The analyst recommendations from a month ago are 1 Buy, 3 Strong Buy, 0 Sell, 0 Hold and 10. Therefore 67% are positive. U.S. Physical Therapy had 9 analyst reports since November 6, 2015 according to SRatingsIntel. The stock now has an average rating of "Hold" and a consensus target price of $20.59. JP Morgan has "Neutral" rating and €26.10 target. (NYSE:ABX), 11 have Buy rating, 0 Sell and 12 Hold. On Thursday, June 29 the stock rating was upgraded by Berenberg to "Hold". Deutsche Bank has "Buy" rating and $92 target. Barclays Capital downgraded the stock to "Equal Weight" rating in Friday, August 7 report. Credit Suisse Ag holds 0.01% or 191,451 shares.

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Capital International Inc. CA Buys Shares of 30400 Barrick Gold Corporation (ABX)