Consensus New Gold Inc.

Equities

NGD

CA6445351068

Market Closed - Toronto S.E. 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
2.36 CAD +0.43% Intraday chart for New Gold Inc. -2.07% +22.92%

Evolution of the average Target Price on New Gold Inc.

Price target over the last 5 years

History of analyst recommendation changes

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National Bank of Canada Outlines Ratings, Price Targets For Top Precious Metals Picks Ahead of Q1 Earnings Season MT
Scotiabank Adjusts Price Target on NEW GOLD to $2 From $1.65, Keeps Sector Perform Rating MT
New Gold Maintained at Sector Perform at National Bank Following Q4 Results; Price Target Cut to C$2.00 MT
New Gold Maintained at Sector Perform at National Bank After Q4 Results Miss; Price Target Kept at C$2.25 MT
New Gold Maintained at Sector Perform at National Bank After Reserve Update, Guidance; Price Target Kept at C$2.25 MT
New Gold Maintained at Sector Perform at National Bank After New Afton Mine Tour; Price Target Kept at C$1.75 MT
BMO Capital Raises New Gold Price Target to $1.64 From $1.48, Maintains Outperform Rating MT
New Gold Maintained at Sector-Perform, Speculative Risk, at National Bank on New Afton Suspension; Price Target C$1.75 MT
New Gold Brief: Keeps Sector Perform Rating But Target Cut To C$1.75 From $2 On Q2 2023 Earnings, Estimates Revisions MT
New Gold Maintained at Outperform at BMO as Q2 Production Tops Expectations; Price Target Kept at C$2.00 MT
RBC Trims Price Target on NEW GOLD to $1.50 From $1.75, Maintains Outperform Rating MT
New Gold Kept at Neutral by Credit Suisse Following First-Quarter Results; Price Target Kept at US$1.15 MT
New Gold Target Price Raised to $1.50 at Raymond James MT
RBC Lifts Price Target on New Gold to $1.50 From $1.25, Maintains Outperform Rating MT
New Gold Maintained at Outperform at BMO as Q1 Production Tops Expectations; Price Target Kept at C$2.00 MT
New Gold Outperform Rating Reiterated at BMO as Q4 Production Tops Expectations; Price Target Kept at C$2.00 MT
TD Securities Downgrades NEW GOLD to Reduce From Hold MT
New Gold Downgraded to Reduce at TD MT
New Gold Outperform Rating Reiterated by BMO Capital After Q3 Production Release; Price Target Kept at C$2.00 MT
National Bank Updates New Gold Estimates After Q3 Operating Results, Lifts Target Price MT
RBC Capital Upgrades NEW GOLD to Outperform from Sector Perform, Adjusts Price Target to $1.25 from $1 MT
New Gold Upgraded to Outperform at RBC MT
New Gold Kept at Sector Perform/Speculative Risk by National Bank Financial After Q2 Release; Price Target Kept at C$1.20 MT
New Gold Maintained at Outperform by BMO Capital Markets Even as Q2 Production Disappoints MT
RBC Cuts Price Target on New Gold to $1 From $1.50, Citing Weaker-Than-Expected Q2 Production, Negative 2022 Guidance Revisions; Sector Perform Kept MT
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
1.72 USD
Average target price
1.896 USD
Spread / Average Target
+10.27%
High Price Target
2.362 USD
Spread / Highest target
+37.34%
Low Price Target
1.307 USD
Spread / Lowest Target
-24.01%

Consensus detail

Consensus revision (last 18 months)

Analysts covering New Gold Inc.

Scotiabank
National Bank Financial
BMO Capital
RBC Capital Markets
Credit Suisse
Raymond James
TD Securities
National Bank
Canaccord Genuity
Trading Rating
Investor Rating
ESG Refinitiv
B
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