TSE:NGD - New Gold Inc. (NGD.TO) Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$2.00
  • Forecasted Upside: -11.89 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$2.27
▼ -0.12 (-5.02%)
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.
C$2.00
▼ -11.89% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for New Gold Inc. (NGD.TO) in the last 3 months. The average price target is C$2.00, with a high forecast of C$4.00 and a low forecast of C$0.65. The average price target represents a -11.89% upside from the last price of C$2.27.
Hold
The current consensus among 4 contributing investment analysts is to hold stock in New Gold Inc. (NGD.TO). 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
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
6/2/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
8/31/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/29/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
2/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
5/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
8/25/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/23/2020

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetDetails
11/18/2020National Bank FinancialBoost Price TargetOutperformC$3.75 ➝ C$4.00
i
Rating by M. Parkin at National Bank Financial
10/20/2020National Bank FinancialBoost Price TargetOutperformC$3.50 ➝ C$3.75
i
Rating by M. Parkin at National Bank Financial
10/14/2020Eight CapitalBoost Price TargetC$2.20 ➝ C$3.00
i
10/14/2020National Bank FinancialBoost Price TargetOutperformC$3.50 ➝ C$3.75
i
Rating by M. Parkin at National Bank Financial
10/8/2020Bank of AmericaBoost Price TargetC$2.10 ➝ C$2.35
i
9/21/2020Credit Suisse GroupReiterated RatingNeutralC$1.70
i
9/21/2020CSFBSet Price TargetNeutralC$1.70
i
9/11/2020National Bank FinancialBoost Price TargetC$3.30 ➝ C$3.50
i
Rating by M. Parkin at National Bank Financial
8/17/2020National Bank FinancialBoost Price TargetOutperformC$2.60 ➝ C$3.30
i
Rating by M. Parkin at National Bank Financial
7/31/2020Eight CapitalBoost Price TargetC$1.85 ➝ C$2.20
i
7/22/2020National Bank FinancialBoost Price TargetOutperformC$2.50 ➝ C$2.60
i
Rating by M. Parkin at National Bank Financial
7/20/2020Eight CapitalBoost Price TargetC$1.25 ➝ C$1.85
i
5/22/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$1.30 ➝ C$2.10
i
Rating by M. Parkin at National Bank Financial
4/23/2020National Bank FinancialBoost Price TargetSector PerformC$1.15 ➝ C$1.30
i
4/21/2020Eight CapitalBoost Price TargetC$1.10 ➝ C$1.25
i
4/14/2020National Bank FinancialBoost Price TargetSector PerformC$1.00 ➝ C$1.15
i
3/25/2020National Bank FinancialLower Price TargetSector PerformC$1.50 ➝ C$1.00
i
2/26/2020CormarkBoost Price TargetC$1.50 ➝ C$1.75
i
2/24/2020National Bank FinancialLower Price TargetSector PerformC$1.40 ➝ C$1.30
i
2/18/2020Eight CapitalLower Price TargetC$1.75 ➝ C$1.10
i
2/14/2020CormarkLower Price TargetC$1.60 ➝ C$1.50
i
2/14/2020BMO Capital MarketsLower Price TargetC$1.50 ➝ C$1.25
i
2/11/2020Royal Bank of CanadaReiterated RatingUnderperformC$0.65
i
1/15/2020Canaccord GenuityBoost Price TargetC$1.40 ➝ C$1.60
i
12/18/2019BMO Capital MarketsLower Price TargetC$2.00 ➝ C$1.50
i
11/18/2019National Bank FinancialLower Price TargetSector PerformC$1.50 ➝ C$1.30
i
10/21/2019National Bank FinancialLower Price TargetSector PerformC$1.75 ➝ C$1.50
i
9/3/2019National Bank FinancialReiterated RatingSector PerformC$1.75
i
8/8/2019Eight CapitalBoost Price TargetC$1.30 ➝ C$1.75
i
8/2/2019BMO Capital MarketsBoost Price TargetC$1.50 ➝ C$2.00
i
7/23/2019National Bank FinancialBoost Price TargetSector PerformC$1.35 ➝ C$2.00
i
7/19/2019Canaccord GenuityBoost Price TargetC$1.10 ➝ C$1.80
i
6/28/2019National Bank FinancialBoost Price TargetSector PerformC$1.15 ➝ C$1.35
i
6/27/2019CormarkBoost Price TargetC$1.15 ➝ C$1.35
i
5/30/2019National Bank FinancialLower Price TargetSector PerformC$1.40 ➝ C$1.15
i
4/15/2019Canaccord GenuityBoost Price TargetC$1.15 ➝ C$1.20
i
3/25/2019Canaccord GenuityReiterated RatingHoldC$1.15
i
3/21/2019National Bank FinancialBoost Price TargetC$1.25 ➝ C$1.40
i
2/15/2019Eight CapitalLower Price TargetC$1.65 ➝ C$1.30
i
2/15/2019LaurentianBoost Price TargetC$1.15 ➝ C$1.25
i
2/15/2019National Bank FinancialLower Price TargetSector PerformC$1.80 ➝ C$1.25
i
2/1/2019Eight CapitalSet Price TargetNeutralC$1.65
i
1/14/2019National Bank FinancialBoost Price TargetSector PerformC$1.70 ➝ C$1.80
i
Rating by M. Parkin at National Bank Financial
1/9/2019BMO Capital MarketsBoost Price TargetC$1.25 ➝ C$1.50
i
11/12/2018National Bank FinancialBoost Price TargetSector PerformC$1.60 ➝ C$1.70
i
Rating by M. Parkin at National Bank Financial
11/1/2018BMO Capital MarketsLower Price TargetMarket PerformC$2.25 ➝ C$1.25
i
10/18/2018Canaccord GenuityLower Price TargetC$1.50 ➝ C$1.10
i
9/21/2018CormarkLower Price TargetC$2.50 ➝ C$1.50
i
9/20/2018Eight CapitalLower Price TargetC$1.75 ➝ C$1.35
i
9/4/2018DesjardinsLower Price TargetSellC$1.25 ➝ C$0.75
i
8/20/2018Canaccord GenuityUpgradeSell ➝ Hold
i
8/9/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformC$2.75 ➝ C$1.70
i
Rating by M. Parkin at National Bank Financial
7/27/2018Beacon SecuritiesDowngradeBuy ➝ Hold
i
Rating by M. Curran at Beacon Securities
7/27/2018National Bank FinancialLower Price TargetOutperformC$4.50 ➝ C$2.75
i
7/27/2018BMO Capital MarketsLower Price TargetC$4.50 ➝ C$2.25
i
7/27/2018CormarkLower Price TargetC$3.25 ➝ C$2.50
i
7/27/2018Eight CapitalLower Price TargetC$3.50 ➝ C$2.00
i
7/24/2018Canaccord GenuityLower Price TargetC$4.50 ➝ C$3.50
i
7/14/2018National Bank FinancialLower Price TargetC$5.50 ➝ C$4.50
i
5/10/2018Eight CapitalDowngradeBuy ➝ NeutralC$4.25 ➝ C$3.50
i
4/27/2018National Bank FinancialLower Price TargetOutperformC$6.25 ➝ C$5.50
i
4/23/2018Canaccord GenuityBoost Price TargetC$5.50 ➝ C$6.00
i
4/19/2018Eight CapitalLower Price TargetC$4.75 ➝ C$4.50
i
2/23/2018Eight CapitalLower Price TargetC$5.25 ➝ C$4.75
i
1/19/2018Canaccord GenuityLower Price TargetC$5.75 ➝ C$5.50
i
1/18/2018Eight CapitalLower Price TargetC$5.50 ➝ C$5.00
i
12/19/2017Laurentian Bank of Canada (LB.TO)Reiterated RatingBuyC$4.75
i
12/19/2017LaurentianSet Price TargetBuyC$4.75
i
12/11/2017DesjardinsReiterated RatingSell
i
Rating by J. Wolfson at Desjardins
11/16/2017Eight CapitalReiterated RatingBuy
i
10/20/2017Canaccord GenuityUpgradeHold ➝ BuyC$4.75 ➝ C$5.75
i
9/29/2017ScotiabankUpgradeSector PerformC$5.00
i
9/29/2017Canaccord GenuityBoost Price TargetC$4.25 ➝ C$4.75
i
7/28/2017National Bank FinancialBoost Price TargetOutperformC$5.00 ➝ C$5.25
i
Rating by M. Parkin at National Bank Financial
7/23/2017National Bank FinancialReiterated RatingOutperform Market Weight
i
Rating by M. Parkin at National Bank Financial
4/28/2017TD SecuritiesReiterated RatingBuyC$7.00
i
4/26/2017ScotiabankReiterated RatingSector PerformC$4.00
i
3/13/2017TD SecuritiesLower Price TargetBuyC$5.50 ➝ C$5.00
i
3/13/2017ScotiabankReiterated RatingSector PerformC$3.00
i
3/10/2017DesjardinsReiterated RatingBuyC$4.75
i
Rating by M. Parkin at Desjardins
2/21/2017MackieLower Price TargetC$5.00 ➝ C$4.50
i
2/15/2017Royal Bank of CanadaReiterated RatingSector PerformC$4.50
i
2/9/2017Royal Bank of CanadaReiterated RatingSector PerformC$4.50
i
2/3/2017Canaccord GenuityLower Price TargetC$4.25 ➝ C$4.00
i
2/2/2017Royal Bank of CanadaLower Price TargetSector PerformC$4.50
i
1/31/2017BMO Capital MarketsLower Price TargetMarket PerformC$5.25 ➝ C$4.50
i
1/31/2017CSFBDowngradeNeutral ➝ Underperform
i
1/31/2017Dundee SecuritiesLower Price TargetSellC$4.75 ➝ C$3.75
i
1/31/2017TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
i
1/31/2017National Bank FinancialLower Price TargetSector PerformC$6.25 ➝ C$4.60
i
1/31/2017ScotiabankDowngradeSector Perform ➝ UnderperformC$5.00 ➝ C$3.00
i
1/31/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform
i
1/31/2017DesjardinsLower Price TargetC$7.25 ➝ C$5.00
i
Rating by M. Parkin at Desjardins
1/30/2017DesjardinsLower Price TargetBuy ➝ HoldC$7.25 ➝ C$5.00
i
Rating by M. Parkin at Desjardins
1/23/2017ScotiabankReiterated RatingSector PerformC$5.00
i
12/21/2016DesjardinsBoost Price TargetC$7.00 ➝ C$7.25
i
12/20/2016ScotiabankReiterated RatingSector PerformC$6.00
i
10/20/2016DesjardinsLower Price TargetC$7.00 ➝ C$6.25
i
10/7/2016Royal Bank of CanadaReiterated RatingSector Perform
i
9/16/2016DesjardinsUpgradeHold ➝ Buy
i
Rating by M. Parkin at Desjardins
9/14/2016Royal Bank of CanadaLower Price TargetSector PerformC$7.60 ➝ C$7.00
i
9/8/2016National Bank FinancialLower Price TargetC$8.10 ➝ C$7.75
i
9/7/2016DesjardinsDowngradeBuy ➝ Hold
i
Rating by M. Parkin at Desjardins
8/4/2016National Bank FinancialBoost Price TargetSector PerformC$7.00 ➝ C$8.10
i
7/13/2016National Bank FinancialBoost Price TargetC$6.50 ➝ C$7.00
i
7/12/2016Canaccord GenuityUpgradeHold ➝ BuyC$6.25 ➝ C$7.75
i
6/29/2016Royal Bank of CanadaReiterated RatingSector Perform
i
5/25/2016Dundee SecuritiesDowngradeNeutral ➝ Sell
i
Rating by J. Wolfson at Dundee Securities
5/4/2016Beacon SecuritiesReiterated RatingBuy
i
Rating by M. Curran at Beacon Securities
4/29/2016Canaccord GenuityBoost Price TargetHoldC$5.25 ➝ C$6.00
i
4/28/2016Royal Bank of CanadaBoost Price TargetSector PerformC$5.35 ➝ C$5.75
i
4/12/2016Royal Bank of CanadaBoost Price Target$3.75 ➝ $4.25
i
4/7/2016Canaccord GenuityBoost Price TargetHoldC$4.75 ➝ C$5.25
i
3/31/2016DesjardinsLower Price TargetC$5.50 ➝ C$5.25
i
3/21/2016Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
i
3/21/2016Royal Bank of CanadaBoost Price Target$3.00 ➝ $3.75
i
3/15/2016Dundee SecuritiesBoost Price TargetNeutralC$3.25 ➝ C$3.75
i
3/14/2016BMO Capital MarketsBoost Price TargetOutperform ➝ Market PerformC$5.25 ➝ C$5.75
i
3/9/2016DesjardinsUpgradeHold ➝ BuyC$4.50 ➝ C$5.50
i
Rating by M. Parkin at Desjardins
3/8/2016DesjardinsUpgradeHold ➝ Buy
i
Rating by M. Parkin at Desjardins
2/23/2016DesjardinsUpgradeSell ➝ HoldC$3.20 ➝ C$4.50
i
Rating by M. Parkin at Desjardins
2/19/2016TD SecuritiesBoost Price TargetBuyC$4.25 ➝ C$4.75
i
2/19/2016CIBCBoost Price TargetSector Performer$3.00 ➝ $3.50
i
2/19/2016BMO Capital MarketsBoost Price TargetOutperform$4.00 ➝ $4.75
i
2/18/2016National Bank FinancialBoost Price TargetSector PerformC$3.90 ➝ C$4.15
i
2/4/2016JPMorgan Chase & Co.Initiated CoverageNeutral
i
2/2/2016DesjardinsDowngradeBuy ➝ SellC$4.10 ➝ C$3.20
i
Rating by M. Parkin at Desjardins
1/25/2016Dundee SecuritiesLower Price TargetC$3.75 ➝ C$3.25
i
1/14/2016BarclaysLower Price Target$3.50 ➝ $3.00
i
(Data available from 11/24/2015 forward)
New Gold Inc. (NGD.TO) logo
New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River gold-silver mine located in Ontario, Canada; and New Afton gold-copper mine located in British Columbia, Canada. It also holds 100% interests in the Blackwater gold-silver project located in British Columbia, Canada; and operates the Cerro San Pedro gold-silver mine in Mexico. New Gold Inc. is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$2.27
C$2.23
C$2.38

50 Day Range

MA: C$2.63
C$2.31
C$2.95

52 Week Range

Now: C$2.27
C$0.55
C$2.98

Volume

2,401,706 shs

Average Volume

2,302,713 shs

Market Capitalization

C$1.54 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A