Today: Today: Q3 2016 EPS Estimates for B2Gold Corp. Reduced by Analyst (BTO)

Today: Q3 2016 EPS Estimates for B2Gold Corp. Reduced by Analyst (BTO)

B2Gold Corp. (TSE:BTO) – Research analysts at National Bank Financial cut their Q3 2016 EPS estimates for shares of B2Gold Corp. in a research report issued to clients and investors on Wednesday. National Bank Financial analyst S. Parsons now forecasts that the brokerage will post earnings per share of $0.05 for the quarter, down from their prior forecast of $0.07. National Bank Financial has a “Sector Perform” rating and a $4.50 price target on the stock. National Bank Financial also issued estimates for B2Gold Corp.’s FY2016 earnings at $0.17 EPS, FY2017 earnings at $0.09 EPS and FY2019 earnings at $0.32 EPS.

Other analysts have also recently issued research reports about the stock. Scotiabank restated an “outperform” rating and set a C$4.75 price objective on shares of B2Gold Corp. in a research report on Friday. CIBC lifted their target price on shares of B2Gold Corp. from C$4.00 to C$5.00 and gave the stock a “sector perform” rating in a research report on Friday, August 5th. RBC Capital Markets lifted their target price on shares of B2Gold Corp. from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research report on Friday, August 5th. BMO Capital Markets lifted their target price on shares of B2Gold Corp. from C$4.25 to C$5.50 in a research report on Friday, August 5th. Finally, Royal Bank Of Canada lifted their target price on shares of B2Gold Corp. from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research report on Monday, August 8th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of C$5.10.

B2Gold Corp. (TSE:BTO) opened at 3.25 on Monday. B2Gold Corp. has a 52-week low of $0.86 and a 52-week high of $4.74. The company’s market cap is $3.05 billion. The stock’s 50 day moving average is $3.50 and its 200-day moving average is $3.20.

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