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$3.60
-0.02-0.55%
At close: -
$3.61
0.010000.28%
After Hours: 7:43 PM EDT
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New Gold Analyst Ratings and Price Targets | AMEX:NGD | Benzinga
New Gold Inc has a consensus price target of $2.5 based on the ratings of 6 analysts. The high is $4 issued by Scotiabank on February 13, 2025. The low is $0.85 issued by TD Securities on December 6, 2022. The 3 most-recent analyst ratings were released by Scotiabank on February 13, 2025, September 17, 2024, and August 19, 2024, respectively. With an average price target of $3.33 between Scotiabank, there's an implied -7.66% downside for New Gold Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
CIBC
BMO Capital
Scotiabank
TD Securities
1calculated from analyst ratings
Analyst Ratings for New Gold
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/13/2025 | Buy Now | 10.8% | Scotiabank | Eric Winmill63% | $3.5 → $4 | Maintains | Sector Outperform | Get Alert |
| 09/17/2024 | Buy Now | -9.97% | Scotiabank | Eric Winmill63% | $2.75 → $3.25 | Maintains | Sector Outperform | Get Alert |
| 08/19/2024 | Buy Now | -23.82% | Scotiabank | Eric Winmill63% | $2.5 → $2.75 | Maintains | Sector Outperform | Get Alert |
| 07/10/2024 | Buy Now | -5.82% | CIBC | Anita Soni63% | $3 → $3.4 | Maintains | Outperformer | Get Alert |
| 06/03/2024 | Buy Now | -16.9% | CIBC | Anita Soni63% | $2.1 → $3 | Upgrade | Neutral → Outperformer | Get Alert |
| 05/31/2024 | Buy Now | -3.05% | BMO Capital | Brian Quast69% | $3 → $3.5 | Maintains | Outperform | Get Alert |
| 05/23/2024 | Buy Now | -30.75% | Scotiabank | Eric Winmill63% | $2.25 → $2.5 | Maintains | Sector Outperform | Get Alert |
| 05/21/2024 | Buy Now | -37.67% | Scotiabank | Eric Winmill63% | $2 → $2.25 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 04/15/2024 | Buy Now | -41.83% | CIBC | Anita Soni63% | $1.6 → $2.1 | Maintains | Neutral | Get Alert |
| 04/08/2024 | Buy Now | -44.6% | Scotiabank | Ovais Habib79% | $1.65 → $2 | Maintains | Sector Perform | Get Alert |
| 12/06/2022 | Buy Now | -76.45% | TD Securities | Steven Green60% | → $0.85 | Downgrade | Hold → Reduce | Get Alert |
| 10/03/2022 | Buy Now | -65.37% | RBC Capital | Michael Siperco34% | $1 → $1.25 | Upgrade | Sector Perform → Outperform | Get Alert |
| 07/12/2022 | Buy Now | -72.3% | RBC Capital | Michael Siperco34% | $1.5 → $1 | Maintains | Sector Perform | Get Alert |
FAQ
What is the target price for New Gold (NGD) stock?
The latest price target for New Gold (AMEX:NGD) was reported by Scotiabank on February 13, 2025. The analyst firm set a price target for $4.00 expecting NGD to rise to within 12 months (a possible 10.80% upside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for New Gold (NGD)?
The latest analyst rating for New Gold (AMEX:NGD) was provided by Scotiabank, and New Gold maintained their sector outperform rating.
When was the last upgrade for New Gold (NGD)?
The last upgrade for New Gold Inc happened on June 3, 2024 when CIBC raised their price target to $3. CIBC previously had a neutral for New Gold Inc.
When was the last downgrade for New Gold (NGD)?
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.
When is the next analyst rating going to be posted or updated for New Gold (NGD)?
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 February 13, 2025 so you should expect the next rating to be made available sometime around February 13, 2026.
Is the Analyst Rating New Gold (NGD) correct?
While ratings are subjective and will change, the latest New Gold (NGD) rating was a maintained with a price target of $3.50 to $4.00. The current price New Gold (NGD) is trading at is $3.61, which is within the analyst’s predicted range.
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