NYSEAMERICAN:NGD - New Gold Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $1.66
  • Forecasted Upside: -9.15 %
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$1.83
▲ +0.08 (4.57%)
1 month | 3 months | 12 months
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Analyst Price Target for NGD

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$1.66
▼ -9.15% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for New Gold in the last 3 months. The average price target is $1.66, with a high forecast of $2.25 and a low forecast of $0.55. The average price target represents a -9.15% upside from the last price of $1.83.
Hold
The current consensus among 9 investment analysts is to hold stock in New Gold. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 2 sell ratings
6/7/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 2 sell ratings
9/5/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 2 sell ratings
12/4/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 2 sell ratings
3/3/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/1/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
8/30/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
11/28/2020

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings

DateBrokerageActionRatingPrice TargetDetails
11/16/2020Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.25
i
10/8/2020Bank of AmericaBoost Price TargetUnderperform$1.55 ➝ $1.75
i
9/24/2020Raymond JamesBoost Price TargetMarket Perform$1.50 ➝ $2.00
i
9/16/2020CIBCUpgradeNeutral ➝ Sector Outperform
i
8/26/2020BMO Capital MarketsInitiated CoverageOutperform
i
Rating by Brian Quast at BMO Capital Markets
8/5/2020Raymond JamesSet Price TargetMarket Perform$1.50
i
8/5/2020TD SecuritiesBoost Price TargetHold$1.30 ➝ $1.80
i
7/29/2020Credit Suisse GroupReiterated RatingHold$1.40
i
7/22/2020Canaccord GenuityReiterated RatingBuy$2.25
i
5/22/2020National Bank FinancialUpgradeSector Perform ➝ Buy$2.10
i
5/17/2020Royal Bank of CanadaReiterated RatingSell$0.55
i
Rating by Josh Wolfson at Royal Bank of Canada
5/13/2020CIBCBoost Price TargetNeutral$0.75 ➝ $1.20
i
Rating by Anita Soni at CIBC
4/30/2020TD SecuritiesBoost Price TargetHold$0.85 ➝ $0.90
i
4/30/2020Raymond JamesSet Price TargetMarket Perform$1.25
i
4/1/2020BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
i
3/31/2020Raymond JamesLower Price TargetMarket Perform$1.50 ➝ $1.25
i
3/25/2020Royal Bank of CanadaReiterated RatingSell$0.40
i
Rating by Josh Wolfson at Royal Bank of Canada
3/23/2020Raymond JamesSet Price TargetMarket Perform$1.50
i
3/18/2020CIBCUpgradeUnderperform ➝ Neutral
i
Rating by Anita Soni at CIBC
2/26/2020Raymond JamesBoost Price TargetMarket Perform$1.25 ➝ $1.50
i
2/18/2020Raymond JamesSet Price TargetMarket Perform$1.25
i
2/14/2020TD SecuritiesLower Price TargetHold$1.15 ➝ $0.95
i
2/14/2020Canaccord GenuityReiterated RatingBuy$1.50
i
2/14/2020CIBCDowngradeNeutral ➝ Sector Underperform$0.60
i
Rating by Anita Soni at CIBC
1/27/2020Royal Bank of CanadaReiterated RatingSell$0.65
i
Rating by Josh Wolfson at Royal Bank of Canada
12/4/2019Royal Bank of CanadaInitiated CoverageSell$0.65
i
Rating by Josh Wolfson at Royal Bank of Canada
11/7/2019Raymond JamesSet Price TargetMarket Perform$1.25
i
10/15/2019CIBCSet Price TargetHold$1.40
i
Rating by Anita Soni at CIBC
9/5/2019Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$1.00 ➝ $1.30
i
8/2/2019Raymond JamesSet Price TargetMarket Perform$1.25
i
7/19/2019Canaccord GenuityReiterated RatingHold
i
Rating by Carey MacRury at Canaccord Genuity
7/15/2019CIBCUpgradeUnderperform ➝ Neutral
i
Rating by Anita Soni at CIBC
5/30/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
i
4/26/2019Raymond JamesSet Price TargetMarket Perform$1.00
i
4/16/2019Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$1.00
i
4/5/2019CIBCReiterated RatingSell$0.60
i
Rating by Anita Soni at CIBC
3/25/2019Canaccord GenuityInitiated CoverageHold ➝ Average$1.15
i
2/27/2019Royal Bank of CanadaLower Price TargetUnderperform$1.25 ➝ $1.00
i
2/22/2019GMP SecuritiesReiterated RatingNeutral$1.15
i
2/15/2019TD SecuritiesLower Price TargetHold$1.30 ➝ $1.10
i
2/15/2019CIBCDowngradeNeutral ➝ Sector Underperform$0.50
i
Rating by Anita Soni at CIBC
1/20/2019CIBCReiterated RatingHold
i
Rating by Anita Soni at CIBC
1/10/2019Royal Bank of CanadaBoost Price TargetUnderperform$1.00 ➝ $1.25
i
Rating by Dan Rollins at Royal Bank of Canada
1/10/2019TD SecuritiesBoost Price TargetHold$1.05 ➝ $1.15
i
1/8/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral
i
12/16/2018CIBCReiterated RatingHold
i
Rating by David Haughton at CIBC
11/12/2018National Bank FinancialReiterated RatingHold
i
Rating by Don DeMarco at National Bank Financial
11/1/2018BMO Capital MarketsReiterated RatingHold
i
Rating by Brian Quast at BMO Capital Markets
10/26/2018Raymond JamesSet Price TargetMarket Perform$1.25
i
9/26/2018Royal Bank of CanadaLower Price TargetUnderperform$1.25 ➝ $1.00
i
Rating by Dan Rollins at Royal Bank of Canada
8/20/2018Canaccord GenuityUpgradeSell ➝ Hold
i
8/15/2018Royal Bank of CanadaDowngradeSector Perform ➝ Underperform$3.50 ➝ $1.40
i
Rating by Dan Rollins at Royal Bank of Canada
8/9/2018TD SecuritiesLower Price TargetHold$1.75 ➝ $1.50
i
8/8/2018National Bank FinancialDowngradeOutperform Spec Overweight ➝ Sector Perform Spec Overwgt
i
Rating by M. Parkin at National Bank Financial
8/8/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
i
8/8/2018ScotiabankDowngradeOutperform ➝ Sector Perform
i
7/27/2018Beacon SecuritiesDowngradeBuy ➝ Hold
i
Rating by M. Curran at Beacon Securities
7/27/2018Raymond JamesLower Price TargetMarket Perform$3.00 ➝ $2.00
i
7/26/2018Credit Suisse GroupDowngradeNeutral ➝ Underperform$2.20 ➝ $1.60
i
7/26/2018Canaccord GenuityDowngradeBuy ➝ Sell
i
6/20/2018TD SecuritiesDowngradeBuy ➝ Hold$4.50 ➝ $2.50
i
5/10/2018ScotiabankUpgradeSector Perform ➝ Outperform$4.00
i
5/8/2018Credit Suisse GroupUpgradeUnderperform ➝ Neutral$3.30
i
4/27/2018TD SecuritiesLower Price TargetBuy$5.00 ➝ $4.50
i
2/27/2018Royal Bank of CanadaLower Price TargetSector Perform$3.75 ➝ $3.50
i
2/26/2018Royal Bank of CanadaSet Price TargetHold$4.00
i
Rating by Dan Rollins at Royal Bank of Canada
2/22/2018Raymond JamesLower Price TargetMarket Perform$4.25 ➝ $3.75
i
2/2/2018Royal Bank of CanadaLower Price TargetSector Perform$4.25 ➝ $3.75
i
10/23/2017Royal Bank of CanadaBoost Price TargetSector Perform$3.75 ➝ $4.25
i
Rating by Dan Rollins at Royal Bank of Canada
10/20/2017Canaccord GenuityUpgradeHold ➝ Buy
i
9/29/2017ScotiabankBoost Price TargetSector Perform$3.00 ➝ $4.00
i
9/29/2017Credit Suisse GroupBoost Price TargetNeutral$3.00 ➝ $3.30
i
8/23/2017Royal Bank of CanadaSet Price TargetHold$4.00
i
Rating by Dan Rollins at Royal Bank of Canada
7/24/2017National Bank FinancialUpgradeSector Perform ➝ Outperform
i
7/23/2017National Bank FinancialReiterated RatingSector Perform ➝ Outperform
i
Rating by M. Parkin at National Bank Financial
7/18/2017Royal Bank of CanadaSet Price TargetHold$4.00
i
Rating by Dan Rollins at Royal Bank of Canada
6/15/2017Raymond JamesReiterated RatingMarket Perform$3.50
i
6/13/2017Royal Bank of CanadaReiterated RatingHold$3.75
i
5/16/2017Royal Bank of CanadaReiterated RatingHold$3.50
i
4/28/2017TD SecuritiesReiterated RatingBuy$5.00
i
Rating by Steven Green at TD Securities
4/26/2017ScotiabankReiterated RatingSector Perform$3.00
i
3/16/2017Credit Suisse GroupInitiated CoverageUnderperform$3.00
i
Rating by Anita Soni at Credit Suisse Group AG
3/14/2017TD SecuritiesReiterated RatingBuy
i
3/13/2017DesjardinsInitiated CoverageBuy
i
Rating by mike parkin at Desjardins
2/16/2017ScotiabankUpgradeSector Underperform ➝ Sector Perform
i
Rating by T. Turnbull at Scotiabank
2/2/2017Royal Bank of CanadaReiterated RatingHold
i
1/31/2017GMP SecuritiesDowngradeBuy ➝ Hold$4.80
i
1/31/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform
i
1/30/2017DesjardinsDowngradeBuy ➝ Hold
i
Rating by M. Parkin at Desjardins
1/30/2017ScotiabankDowngradeSector Perform ➝ Underperform
i
10/8/2016Royal Bank of CanadaReiterated RatingSector Perform
i
10/4/2016Bank of AmericaSet Price TargetHold$6.00
i
9/16/2016DesjardinsUpgradeHold ➝ Buy
i
Rating by M. Parkin at Desjardins
9/14/2016Royal Bank of CanadaReiterated RatingSector Perform$7.60 ➝ $7.00
i
9/11/2016Bank of AmericaSet Price TargetHold$5.60
i
9/7/2016DesjardinsDowngradeBuy ➝ Hold
i
Rating by M. Parkin at Desjardins
9/7/2016Canaccord GenuityDowngradeBuy ➝ Hold
i
8/4/2016National Bank FinancialReiterated RatingSector Perform$7.00 ➝ $8.10
i
7/12/2016Canaccord GenuityUpgradeHold ➝ Buy$6.25 ➝ $7.75
i
6/29/2016Royal Bank of CanadaReiterated RatingSector Perform
i
5/25/2016Dundee SecuritiesDowngradeNeutral ➝ Sell
i
5/2/2016Canaccord GenuityReiterated RatingHold$5.25 ➝ $6.00
i
Rating by Rahul Paul at Canaccord Genuity
5/1/2016Royal Bank of CanadaReiterated RatingSector Perform$5.35 ➝ $5.75
i
4/18/2016BarclaysUpgradeEqual Weight ➝ Overweight$3.00 ➝ $5.00
i
Rating by Farooq Hamed at Barclays PLC
3/21/2016Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$3.00 ➝ $3.75
i
3/14/2016Raymond JamesBoost Price Target$3.25 ➝ $4.25
i
3/14/2016BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
3/9/2016DesjardinsUpgradeHold ➝ Buy$4.50 ➝ $5.50
i
Rating by Mike Parkin at Desjardins
2/23/2016DesjardinsUpgradeSell ➝ Hold
i
2/21/2016CIBCReiterated RatingSector Perform$3.00 ➝ $3.50
i
2/21/2016BMO Capital MarketsReiterated RatingOutperform$4.00 ➝ $4.75
i
2/20/2016National Bank FinancialReiterated RatingSector Perform$3.90 ➝ $4.15
i
2/16/2016Canaccord GenuityDowngradeBuy ➝ Hold
i
2/5/2016JPMorgan Chase & Co.Reiterated RatingNeutral
i
2/2/2016DesjardinsDowngradeBuy ➝ Sell
i
(Data available from 11/29/2015 forward)
New Gold logo
New Gold Inc. is engaged in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.
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Today's Range

Now: $1.83
$1.72
$1.83

50 Day Range

MA: N/A

52 Week Range

Now: $1.83
$0.39
$2.28

Volume

4,411,938 shs

Average Volume

6,733,032 shs

Market Capitalization

$1.24 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A