Goldcorp (GG) : Zacks Investment Research ranks Goldcorp (GG) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 4 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 2.47, which indicates as a Buy.
Goldcorp (GG) : The highest level Goldcorp (GG) is projected to reach is $26 for the short term and the lowest estimate is at $15. The consolidated price target from 16 rating analysts who initiate coverage on the stock is $20.2 and the possibility the share price can swing is $3.45.
Company shares have received an average consensus rating of Hold for the current week Goldcorp (NYSE:GG): The stock was completely flat for the day, closing at $18.96 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $19.00, the stock touched an intraday high of $19.35 and a low of $18.85. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $18.96. The total trading volume on Thursday was 7,951,231.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition, exploration, development and operation of gold properties in Canada, the United States, Mexico and Central and South America. The Companys principal products are gold and the byproduct silver, copper, lead and zinc. Goldcorps operating assets include four mines in Canada, two mines in Mexico, and four in Central and South America.