New Gold (NGD)
(Delayed Data from AMEX)
$2.19 USD
-0.03 (-1.35%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $2.20 +0.01 (0.46%) 7:58 PM ET
1-Strong Buy of 5 1
B Value B Growth A Momentum A VGM
New Gold (NGD) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$2.35 | $3.00 | $1.85 | 5.86% |
Price Target
Based on short-term price targets offered by 10 analysts, the average price target for New Gold comes to $2.35. The forecasts range from a low of $1.85 to a high of $3.00. The average price target represents an increase of 5.86% from the last closing price of $2.22.
Analyst Price Targets (10)
Broker Rating
New Gold currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 1.90 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, five are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 50% and 20% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 20%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/NGD.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 4 | 2 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 2 | 2 | 2 | 2 | 3 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 1 |
ABR | 1.90 | 1.90 | 1.90 | 2.00 | 2.67 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/10/2024 | CIBC World Markets Corp. | Anita Soni | Not Available | Strong Buy |
5/31/2024 | BMO Capital Markets | Brian Quast | Strong Buy | Strong Buy |
5/21/2024 | Scotiabank | Eric Winmill | Hold | Strong Buy |
5/21/2024 | TD Securities | Steven J Green | Strong Sell | Hold |
5/17/2024 | National Bank Financial | Mike Parkin | Hold | Strong Buy |
4/1/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
3/25/2024 | Laurentian Bank | Ryan Hanley | Not Available | Moderate Buy |
2/9/2024 | Raymond James Ltd. | Farooq Hamed | Hold | Hold |
10/24/2023 | Canaccord Genuity | Jeremy Hoy | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.90 |
ABR (Last week) | 1.90 |
# of Recs in ABR | 10 |
Average Target Price | $2.35 |
LT Growth Rate | NA |
Industry | Mining - Gold |
Industry Rank by ABR | 30 of 252 |
Current Quarter EPS Est: | 0.02 |