New Gold
(AMEX:NGD)
$1.70
0.01[0.59%]
At close: Mar 28
Consensus Rating1
Sector Perform
Highest Price Target1
$1.50
Lowest Price Target1
$0.85
Consensus Price Target1
$1.20

New Gold Stock (AMEX:NGD), Analyst Ratings, Price Targets, Predictions

New Gold Inc has a consensus price target of $1.2, established from looking at the 4 latest analyst ratings. The last 3 analyst ratings were released from TD Securities, RBC Capital, and RBC Capital on December 6, 2022, October 3, 2022, and July 12, 2022. With an average price target of $1.03 between TD Securities, RBC Capital, and RBC Capital, there's an implied -38.49% downside for New Gold Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Feb
0
0
0
0
0
Jan
0
0
0
0
0
Dec 23
0
0
0
0
0
Nov 23
0
0
0
0
0
Oct 23
0
0
0
0
0
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Securities
RBC Capital
RBC Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for New Gold

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
12/06/2022NGDBuy Now
New Gold
$1.68-49.4%TD Securities
Steven Green
→ $0.85DowngradeHold → ReduceGet Alert
10/03/2022NGDBuy Now
New Gold
$1.68-25.6%RBC Capital
Michael Siperco
$1 → $1.25UpgradeSector Perform → OutperformGet Alert
07/12/2022NGDBuy Now
New Gold
$1.68-40.48%RBC Capital
Michael Siperco
$1.5 → $1MaintainsSector PerformGet Alert
09/08/2021NGDBuy Now
New Gold
$1.68-10.71%RBC Capital
Josh Wolfson
UpgradeUnderperform → Sector PerformGet Alert

FAQ

Q

What is the target price for New Gold (NGD)?

A

The latest price target for New Gold (AMEX: NGD) was reported by TD Securities on December 6, 2022. The analyst firm set a price target for $0.85 expecting NGD to fall to within 12 months (a possible -50.00% downside). 0 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for New Gold (NGD)?

A

The latest analyst rating for New Gold (AMEX: NGD) was provided by TD Securities, and New Gold downgraded their reduce rating.

Q

When was the last upgrade for New Gold (NGD)?

A

The last upgrade for New Gold Inc happened on October 3, 2022 when RBC Capital raised their price target to $1.25. RBC Capital previously had a sector perform for New Gold Inc.

Q

When was the last downgrade for New Gold (NGD)?

A

The last downgrade for New Gold Inc happened on December 6, 2022 when TD Securities changed their price target from N/A to $0.85 for New Gold Inc.

Q

When is the next analyst rating going to be posted or updated for New Gold (NGD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Gold, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Gold was filed on December 6, 2022 so you should expect the next rating to be made available sometime around December 6, 2023.

Q

Is the Analyst Rating New Gold (NGD) correct?

A

While ratings are subjective and will change, the latest New Gold (NGD) rating was a downgraded with a price target of $0.00 to $0.85. The current price New Gold (NGD) is trading at is $1.70, which is out of the analyst’s predicted range.

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