Consensus New Gold Inc.

Equities

NGD

CA6445351068

Market Closed - Toronto S.E. 04:00:00 2024-05-31 pm EDT 5-day change 1st Jan Change
2.98 CAD -1.00% Intraday chart for New Gold Inc. +10.78% +55.21%

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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New Gold Maintained at Outperform at BMO as it Boosts its New Afton Mine Stake; Price Target Raised to C$3.50 MT
RBC Raises Price Target on New Gold to $3 From $2.50, Keeps Outperform Rating MT
New Gold's Outperform Rating, US$2.50 Price Target Maintained by RBC Capital Markets MT
TD Cowen Upgrades NEW GOLD to Hold From Sell MT
Scotiabank Upgrades NEW GOLD to Sector Outperform From Sector Perform MT
New Gold Upgraded to Outperform at National Bank After Raising in Stake in the New Afton Mine; Price Target Raised to C$3.25 MT
New Gold Brief: National Bank Updated Its Estimates After New Gold Reported Q1 2024 Results; Its Target Price Moves Higher to C$3.25 (Prev. C$3.00) But a Sector Perform Rating Is Unchanged MT
New Gold Keeps Its Rating and Price Target at Both RBC and National Bank After Reporting Q1 Results MT
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
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
2.184 USD
Average target price
2.12 USD
Spread / Average Target
-2.93%
High Price Target
2.565 USD
Spread / Highest target
+17.43%
Low Price Target
1.307 USD
Spread / Lowest Target
-40.16%

Consensus detail

Consensus revision (last 18 months)

Analysts covering New Gold Inc.

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