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Barrick Gold (GOLD) Stock Forecast & Price Target

Barrick Gold logo
$15.71 +0.12 (+0.77%)
(As of 05:19 PM ET)

Barrick Gold - Analysts' Recommendations and Stock Price Forecast (2025)

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

Sell
0
Hold
5
Buy
7

Based on 12 Wall Street analysts who have issued ratings for Barrick Gold in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 5 have given a hold rating, and 7 have given a buy rating for GOLD.

Consensus Price Target

$24.82
57.98% Upside
According to the 12 analysts' twelve-month price targets for Barrick Gold, the average price target is $24.82. The highest price target for GOLD is $38.00, while the lowest price target for GOLD is $17.00. The average price target represents a forecasted upside of 57.98% from the current price of $15.71.
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GOLD Analyst Ratings Over Time

TypeCurrent Forecast
12/25/23 to 12/24/24
1 Month Ago
11/25/23 to 11/24/24
3 Months Ago
9/26/23 to 9/25/24
1 Year Ago
12/25/22 to 12/25/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
Hold
5 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$24.82$23.90$23.30$22.17
Forecasted Upside57.98% Upside31.17% Upside12.51% Upside22.07% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

GOLD 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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GOLD 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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Barrick Gold Stock vs. The Competition

TypeBarrick GoldBasic Materials CompaniesS&P 500
Consensus Rating Score
2.58
2.76
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside59.50% Upside138.67% Upside14.36% Upside
News Sentiment Rating
Neutral News

See Recent GOLD News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/20/2024Citigroup
3 of 5 stars
 Lower TargetNeutral$23.00 ➝ $17.00+8.83%
11/26/2024Berenberg Bank
2 of 5 stars
 Boost Target$37.00 ➝ $38.00+118.64%
11/26/2024TD Securities
4 of 5 stars
 Lower TargetBuy$26.00 ➝ $25.00+43.84%
11/25/2024Cibc World Mkts
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A. Soni
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DowngradeStrong-Buy ➝ Hold
11/25/2024Scotiabank
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 Lower TargetSector Outperform ➝ Sector Outperform$24.00 ➝ $23.00+30.02%
11/25/2024Raymond James
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 Lower TargetOutperform ➝ Outperform$26.00 ➝ $25.00+42.37%
11/25/2024CIBC
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 DowngradeSector Outperform ➝ Neutral
10/30/2024UBS Group
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D. Major
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DowngradeBuy ➝ Neutral$23.00 ➝ $22.00+8.48%
9/13/2024Jefferies Financial Group
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 Boost TargetBuy$23.00 ➝ $24.00+15.00%
9/10/2024Royal Bank of Canada
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 Boost TargetOutperform$21.00 ➝ $22.00+13.52%
8/29/2024Argus
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D. Coleman
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UpgradeHold ➝ Buy$24.00+20.36%
4/17/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$27.00 ➝ $26.00+55.69%
4/8/2024National Bank Financial
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M. Parkin
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Reiterated RatingSector Perform Overweight
1/8/2024Sanford C. Bernstein
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 DowngradeOutperform ➝ Market Perform
10/4/2023Veritas Investment Research
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 DowngradeBuy ➝ Reduce
8/17/2023CSFB
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 Lower TargetOutperform$22.00 ➝ $20.00+28.62%
8/9/2023Cormark
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 UpgradeMarket Perform ➝ Buy
5/4/2023Laurentian
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 Lower TargetC$5.00 ➝ C$4.70
4/21/2023The Goldman Sachs Group
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 Boost TargetNeutral$19.00 ➝ $22.00+15.36%
4/21/2023Barclays
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 Boost TargetOverweight$26.00 ➝ $28.00+45.83%
4/20/2023Stifel Nicolaus
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 Boost TargetC$29.00 ➝ C$30.00
3/7/2023Fundamental Research
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 Set TargetBuy$19.02+20.99%
2/13/2023BNP Paribas
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 DowngradeOutperform ➝ Neutral$19.00+5.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:59 PM ET.


Should I Buy Barrick Gold Stock? GOLD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 18, 2024. Please send any questions or comments about these Barrick Gold pros and cons to contact@marketbeat.com.

Barrick Gold
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Barrick Gold Corp:

  • The company recently announced a quarterly dividend of $0.10 per share, which translates to an annualized dividend of $0.40 and a yield of approximately 2.39%. This consistent dividend payment can provide a steady income stream for investors.
  • As of mid-day trading, Barrick Gold Corp's stock price is $16.90, which is significantly lower than its twelve-month high of $21.35. This may present a buying opportunity for investors looking for potential upside as the stock could rebound towards its previous highs.
  • Analyst ratings indicate a "Moderate Buy" consensus, with several analysts recently adjusting their price targets upwards, suggesting positive sentiment and potential for price appreciation in the near future.
  • The company has a relatively low debt-to-equity ratio of 0.14, indicating strong financial health and lower risk, which can be appealing to risk-averse investors.
  • Barrick Gold Corp has a solid market capitalization of $29.54 billion, which reflects its stability and established presence in the gold and copper production sector, making it a potentially safer investment in the commodities market.

Barrick Gold
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Barrick Gold Corp for these reasons:

  • The stock has recently traded down by 2.7%, indicating potential volatility and uncertainty in the market, which could deter risk-averse investors.
  • Despite the positive analyst ratings, the price targets have been adjusted downwards by some analysts, suggesting that there may be concerns about the company's short-term performance.
  • The company's price-to-earnings (P/E) ratio is 18.28, which may be considered high compared to industry averages, potentially indicating that the stock is overvalued at its current price.
  • With a PEG ratio of 0.48, while this suggests growth potential, it also indicates that the stock may not be growing as quickly as expected, which could be a red flag for growth-focused investors.
  • The recent dividend payout ratio of 43.01% indicates that a significant portion of earnings is being paid out as dividends, which may limit the funds available for reinvestment in the business, potentially affecting long-term growth.

GOLD Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Barrick Gold is $24.82, with a high forecast of $38.00 and a low forecast of $17.00.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GOLD shares.

According to analysts, Barrick Gold's stock has a predicted upside of 57.98% based on their 12-month stock forecasts.

Over the previous 90 days, Barrick Gold's stock had 3 downgrades by analysts.

Barrick Gold has been rated by research analysts at Berenberg Bank, CIBC, Cibc World Mkts, Citigroup, Raymond James, Scotiabank, TD Securities, and UBS Group in the past 90 days.

Analysts like Barrick Gold less than other "basic materials" companies. The consensus rating score for Barrick Gold is 2.58 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how GOLD compares to other companies.


This page (NYSE:GOLD) was last updated on 12/24/2024 by MarketBeat.com Staff
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