The Globe and Mail reports in its Tuesday, April 8, edition that Canaccord Genuity analyst Carey MacRury has reaffirmed his "buy" recommendation for Alamos Gold. The Globe's David Leeder writes in the Eye On Equities column that Mr. MacRury raised his share target by $5 to $44. Analysts on average target the shares at $40.38. Mr. MacRury says in a note: "We reiterate our 'buy' rating on Alamos Gold and increase our target price after hosting Alamos senior management for a series of investor meetings this week. We continue to like Alamos for its lower geopolitical risk profile, solid growth profile with a path to 1Moz/year, exploration potential, and track record as a steady operator." The Globe reported on Feb. 28 that Mr. MacRury continued to rate Alamos Gold "buy." The shares could then be had for $32.69. The Globe reported on Dec. 4 and March 20 that Mike Parkin, an analyst at National Bank Financial, continued to rate Alamos Gold "buy." The shares could then be had for $27.27 and $37.35.
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