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Randgold Resources Limited 22% Potential Upside Indicated by Jefferies International

Randgold Resources Limited using EPIC/TICKER code (LON:RRS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. Randgold Resources Limited are listed in the Basic Materials sector within UK Main Market. Jefferies International have set a target price of 9000 GBX on its stock. This now indicates the analyst believes there is a possible upside of 22.0% from today’s opening price of 7380 GBX. Over the last 30 and 90 trading days the company share price has decreased 70 points and increased 400 points respectively. The 1 year high for the share price is 8255 GBX while the 52 week low is 5410 GBX.

Randgold Resources Limited has a 50 day moving average of 7,629.90 GBX and a 200 Day Moving Average share price is recorded at 7,291.31. There are currently 93,972,785 shares in issue with the average daily volume traded being 347,758. Market capitalisation for LON:RRS is £6,972,780,647 GBP.

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