The latest price target for New Gold (AMEX:NGD) was reported by Scotiabank on September 17, 2024. The analyst firm set a price target for $3.25 expecting NGD to rise to within 12 months (a possible 28.97% upside). 9 analyst firms have reported ratings in the last year.

The latest analyst rating for New Gold (AMEX:NGD) was provided by Scotiabank, and New Gold maintained their sector outperform rating.

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.

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.

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 September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.

While ratings are subjective and will change, the latest New Gold (NGD) rating was a maintained with a price target of $2.75 to $3.25. The current price New Gold (NGD) is trading at is $2.52, which is out of the analyst’s predicted range.