Barrick Gold (ABX) Stock Forecast & Price Target

C$26.67 -0.05 (-0.19%)

As of 02/20/2025 04:00 PM Eastern

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

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
4

Buy
7

Based on 11 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 11 analysts, 4 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for ABX.

Consensus Price Target

C$30.73
15.21% Upside

According to the 11 analysts' twelve-month price targets for Barrick Gold, the average price target is C$30.73. The highest price target for ABX is C$38.00, while the lowest price target for ABX is C$19.00. The average price target represents a forecasted upside of 15.21% from the current price of C$26.67.

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ABX Analyst Ratings Over Time

Type	Current Forecast 2/22/24 to 2/21/25	1 Month Ago 1/23/24 to 1/22/25	3 Months Ago 11/24/23 to 11/23/24	1 Year Ago 2/22/23 to 2/22/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$30.73	C$30.38	C$31.14	C$28.81
Forecasted Upside	15.21% Upside	34.09% Upside	22.15% Upside	48.37% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

ABX 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.

ABX 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.

Barrick Gold Stock vs. The Competition

Type	Barrick Gold	Basic Materials Companies
Consensus Rating Score	2.73	2.75
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent ABX News	Positive 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
2/12/2025	Royal Bank of Canada 4 of 5 stars		Boost Target	Buy	C$19.00	-22.19%
1/21/2025	Scotiabank 5 of 5 stars	T. Jakusconek Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
1/16/2025	National Bankshares 2 of 5 stars		Lower Target	Sector Perform	C$26.00 ➝ C$24.00	+5.45%
1/15/2025	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$33.50 ➝ C$30.00	+32.74%
1/14/2025	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	C$36.00	+62.31%
12/2/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$33.50 ➝ C$32.00	+31.31%
11/25/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Soni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
11/5/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$37.00 ➝ C$36.00	+37.35%
10/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Major Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/16/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	C$34.00	+22.57%
Get the Latest News and Ratings for ABX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Barrick Gold and its competitors with MarketBeat's FREE daily newsletter.
8/29/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Coleman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
7/11/2024	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$36.00 ➝ C$38.00	+53.60%
4/12/2024	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$20.70 ➝ C$25.00	+0.08%
4/8/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Parkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform Overweight
4/8/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$29.00 ➝ C$31.00	+28.68%
2/16/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$28.00 ➝ C$24.00	+21.21%
2/15/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	C$31.00	+59.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 07:34 AM ET.

Should I Buy Barrick Gold Stock? ABX 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 Thursday, February 20, 2025. Please send any questions or comments about these Barrick Gold pros and cons to contact@marketbeat.com.

Barrick Gold
Bull Case

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

The company recently reported earnings of C$0.42 per share, indicating a solid performance despite missing analysts' expectations slightly. This shows resilience in a challenging market.
With a current stock price around C$25.03, which is near the recent insider purchase price, it suggests that insiders believe the stock is undervalued, potentially signaling a good entry point for investors.
Barrick Gold Co. has a strong market capitalization of C$43.70 billion, which provides stability and the ability to invest in growth opportunities.
The company has a low beta of 0.48, indicating lower volatility compared to the market, which can be attractive for risk-averse investors.
Recently, Barrick Gold Co. increased its quarterly dividend to $0.138, reflecting a commitment to returning value to shareholders, with a yield of 1.96%.

Barrick Gold
Bear Case

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

The company has a high debt-to-equity ratio of 14.54, which may indicate financial risk, as it relies heavily on debt to finance its operations.
Despite a solid market cap, the P/E ratio of 20.98 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
Insider selling activity has been noted, with significant shares sold recently, which could raise concerns about the company's future prospects from those who are most familiar with its operations.
The net margin of 12.78% is relatively modest, indicating that the company may face challenges in maintaining profitability in a competitive market.
Recent earnings missed analysts' expectations, which could signal potential issues in meeting future growth targets and may lead to decreased investor confidence.

ABX Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Barrick Gold is C$30.73, with a high forecast of C$38.00 and a low forecast of C$19.00.
: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last twelve months. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ABX shares.
: According to analysts, Barrick Gold's stock has a predicted upside of 15.21% based on their 12-month stock forecasts.
: Over the previous 90 days, Barrick Gold's stock had 2 downgrades by analysts.
: Barrick Gold has been rated by research analysts at Canaccord Genuity Group, Cibc World Mkts, National Bankshares, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, and TD Cowen in the past 90 days.
: Analysts like Barrick Gold less than other "basic materials" companies. The consensus rating score for Barrick Gold is 2.73 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how ABX compares to other companies.

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This page (TSE:ABX) was last updated on 2/21/2025 by MarketBeat.com Staff

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Barrick Gold (ABX) Stock Forecast & Price Target