B2Gold (BTO) Stock Forecast & Price Target

C$3.59

-0.05 (-1.37%)

(As of 09/6/2024 ET)

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B2Gold - Analysts' Recommendations 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.

Consensus Rating

Buy
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for B2Gold in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 2 have given a hold rating, 7 have given a buy rating, and 2 have given a strong buy rating for BTO.

Consensus Price Target

C$5.94
65.48% Upside

High Forecast	C$8.00
Average Forecast	C$5.94
Low Forecast	C$3.30

According to the 11 analysts' twelve-month price targets for B2Gold, the average price target is C$5.94. The highest price target for BTO is C$8.00, while the lowest price target for BTO is C$3.30. The average price target represents a forecasted upside of 65.48% from the current price of C$3.59.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$5.94	C$5.97	C$6.00	C$7.33
Forecasted Upside	65.48% Upside	59.00% Upside	59.71% Upside	45.29% Upside

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BTO 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.

BTO 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.

B2Gold Stock vs. The Competition

Type	B2Gold	Basic Materials Companies
Consensus Rating Score	3.00	2.69
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/14/2024	Cibc World Mkts 0 of 5 stars	A. Soni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
8/14/2024	CIBC 3 of 5 stars		Set Target	Outperform	C$3.30	-7.82%
8/13/2024	Canaccord Genuity Group 4 of 5 stars		Lower Target	Buy	C$7.50 ➝ C$7.00	+94.44%
8/12/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Gray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Moderate Buy ➝ Hold
8/9/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	O. Habib Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
4/22/2024	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$7.25 ➝ C$7.00	+102.90%
Get the Latest News and Ratings for BTO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for B2Gold and its competitors with MarketBeat's FREE daily newsletter.
4/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$6.50 ➝ C$6.00	+66.67%
3/19/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$6.50 ➝ C$6.00	+76.99%
2/27/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$5.50 ➝ C$5.25	+61.04%
11/10/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Action List Buy	C$9.00 ➝ C$8.00	+93.70%
10/26/2023	Pi Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$6.60 ➝ C$6.00	+37.93%
10/18/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$6.50 ➝ C$6.30	+36.66%
2/14/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Demarco Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform Overweight
11/1/2022	M Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Pirie Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:23 PM ET.

BTO Forecast - Frequently Asked Questions

What is B2Gold's forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for B2Gold is C$5.94, with a high forecast of C$8.00 and a low forecast of C$3.30.
Should I buy or sell B2Gold stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for B2Gold in the last year. There are currently 2 hold ratings, 7 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BTO shares.
Does B2Gold's stock price have much upside?: According to analysts, B2Gold's stock has a predicted upside of 59.41% based on their 12-month stock forecasts.
Has B2Gold been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, B2Gold's stock had 3 downgrades and 1 upgrade by analysts.
What analysts cover B2Gold?: B2Gold has been rated by research analysts at Canaccord Genuity Group, CIBC, Cibc World Mkts, Cormark, and Scotiabank in the past 90 days.
Do Wall Street analysts like B2Gold more than its competitors?: Analysts like B2Gold more than other "basic materials" companies. The consensus rating for B2Gold is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how BTO compares to other companies.