GOLD Price Target
| Recent GOLD Price |
|
GOLD Price Target |
| $18.60 |
+16.88% |
$21.74 |
As of 2023-03-31
| Recent GOLD Analyst Ratings Breakdown |
| |
Current |
1 Mo. Ago |
2 Mo. Ago |
3 Mo. Ago |
| Strong buy ratings: |
6 |
6 |
7 |
7 |
| Buy ratings: |
2 |
2 |
3 |
3 |
| Hold ratings: |
7 |
7 |
5 |
5 |
| Sell ratings: |
0 |
0 |
0 |
0 |
| Strong sell ratings: |
0 |
0 |
0 |
0 |
| Average rating: |
2.07 |
2.07 |
1.87 |
1.87 |
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is
Strong Sell. For the
GOLD price target at the top of this page, we present the average GOLD target price
across the 15 analysts covering GOLD, as reported in
data provided by Zacks Investment Research via Quandl.com. The
median GOLD price target (a different metric than the
average or
mean) was $20.72 as of 2023-03-31, the
highest GOLD price target in the range was $31.0 while the lowest GOLD price target in the range was
$17.64, with a standard deviation of $3.558.
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10 ETFs With Most Upside
To Analyst Targets
Top 25 Broker Analyst Picks of the
S&P 500
For ETFs, an interesting consideration with analyst target prices is that reaching the target price makes no difference to the
ETF as far as deciding whether to continue to hold the stock. ETFs by nature are passive index-followers, so as long as the
stock remains in the index, it doesn't much matter whether analysts find the stock overvalued or undervalued. Below are some
of the ETFs that hold GOLD at last report:
| ETF |
GOLD Weight |
GOLD Amount |
| GDX |
8.92% |
$1,238,543,625 |
| IGE |
1.47% |
$11,793,185 |
| HAP |
0.75% |
$977,897 |
| AFK |
1.80% |
$807,476 |
|
| Company Name: |
| Barrick Gold Corp. |
| Website: |
| www.barrick.com |
| Sector: |
| Precious Metals |
| Number of ETFs Holding GOLD: |
| 4 |
| Total Market Value Held by ETFs: |
| $1,252,122,183 |
| Total Market Capitalization: |
| $32,963,000,000 |
| % of Market Cap. Held by ETFs: |
| 3.80% |
|
Buy (2.93 out of 4)
22nd percentile
|
ETFChannel.com
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