The Globe and Mail reports in its Tuesday, March 13, edition that RBC Dominion Securities analyst Stephen Walker says the recent sell-off in Barrick Gold ($12.13) provides an attractive entry point for investors (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that Mr. Walker boosted his rating to "outperform" from "sector perform." Mr. Walker, however, trimmed his share target to $16 from $15. Analysts on average target the shares at $16.04. Mr. Walker says in a note: "This underperformance likely reflects the expected declining production profile, higher than expected long-term AISC [all-in sustained cost] guidance, and the overhang from the Acacia/Tanzania dispute. However, we believe much of the downside risk is priced in and the current share price decline is overdone." In mid-February, Barrick raised its long-term AISC guidance to $750 to $875 per ounce, well above Mr. Walker's "aspirational" target of $700, while it projected an eighth consecutive annual decline in production. He adds: "The company has attractive FCF yield, P/NAV and P/CF metrics versus its peers. The 36-per-cent implied all-in return to our price target is above our average 2 per cent for peers."