Allied Gold (NYSE:AAUC) Rating Lowered to Hold at Stifel Nicolaus
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Stifel Nicolaus has downgraded Allied Gold (NYSE:AAUC) from a "buy" to a "hold" rating. This follows a series of mixed ratings from other analysts, with Zacks Research upgrading it to "strong-buy" and Canaccord Genuity lowering it to "hold". Currently, the consensus rating for Allied Gold is "hold". The stock opened at $31.65, with a market cap of $3.95 billion and a P/E ratio of -87.91. Institutional investors have recently increased their holdings in the company.
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