TSE:NGD - New Gold Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$2.67
  • Forecasted Upside: 15.87 %
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$2.30
▼ -0.08 (-3.36%)

This chart shows the closing price for NGD by one month, three months, or twelve months.

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Analyst Price Target for NGD

Analyst Price Target is C$2.67
▲ +15.87% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for New Gold in the last 3 months. The average price target is C$2.67, with a high forecast of C$4.00 and a low forecast of C$1.70. The average price target represents a 15.87% upside from the last price of C$2.30.

This chart shows the closing price for NGD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 contributing investment analysts is to hold stock in New Gold. This rating has held steady since January 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/30/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
3/29/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/25/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/24/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
5/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/22/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/18/2021Royal Bank of CanadaReiterated RatingUnderperformC$2.15
5/20/2021National Bank FinancialBoost Price TargetOutperformC$4.00
5/20/2021National BanksharesBoost Price TargetOutperformC$3.00 ➝ C$4.00
5/6/2021Royal Bank of CanadaReiterated RatingUnderperformC$2.15
4/23/2021National BanksharesLower Price TargetOutperformC$3.25 ➝ C$3.00
4/23/2021National Bank FinancialLower Price TargetOutperformC$3.00
2/22/2021Canaccord GenuityLower Price TargetNAC$3.75 ➝ C$2.75
2/12/2021Raymond JamesReiterated RatingMarket PerformC$2.25
2/12/2021National Bank FinancialReiterated RatingOutperformC$4.25 ➝ C$4.00
1/11/2021ScotiabankBoost Price TargetC$2.50 ➝ C$2.75
11/18/2020National Bank FinancialBoost Price TargetOutperformC$3.75 ➝ C$4.00
10/20/2020National Bank FinancialBoost Price TargetOutperformC$3.50 ➝ C$3.75
10/14/2020Eight CapitalBoost Price TargetC$2.20 ➝ C$3.00
10/14/2020National Bank FinancialBoost Price TargetOutperformC$3.50 ➝ C$3.75
10/8/2020Bank of AmericaBoost Price TargetC$2.10 ➝ C$2.35
9/21/2020Credit Suisse GroupReiterated RatingNeutralC$1.70
9/21/2020CSFBSet Price TargetNeutralC$1.70
9/11/2020National Bank FinancialBoost Price TargetC$3.30 ➝ C$3.50
8/17/2020National Bank FinancialBoost Price TargetOutperformC$2.60 ➝ C$3.30
7/31/2020Eight CapitalBoost Price TargetC$1.85 ➝ C$2.20
7/22/2020National Bank FinancialBoost Price TargetOutperformC$2.50 ➝ C$2.60
7/20/2020Eight CapitalBoost Price TargetC$1.25 ➝ C$1.85
5/22/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$1.30 ➝ C$2.10
4/23/2020National Bank FinancialBoost Price TargetSector PerformC$1.15 ➝ C$1.30
4/21/2020Eight CapitalBoost Price TargetC$1.10 ➝ C$1.25
4/14/2020National Bank FinancialBoost Price TargetSector PerformC$1.00 ➝ C$1.15
3/25/2020National Bank FinancialLower Price TargetSector PerformC$1.50 ➝ C$1.00
2/26/2020CormarkBoost Price TargetC$1.50 ➝ C$1.75
2/24/2020National Bank FinancialLower Price TargetSector PerformC$1.40 ➝ C$1.30
2/18/2020Eight CapitalLower Price TargetC$1.75 ➝ C$1.10
2/14/2020CormarkLower Price TargetC$1.60 ➝ C$1.50
2/14/2020BMO Capital MarketsLower Price TargetC$1.50 ➝ C$1.25
2/11/2020Royal Bank of CanadaReiterated RatingUnderperformC$0.65
1/15/2020Canaccord GenuityBoost Price TargetC$1.40 ➝ C$1.60
12/18/2019BMO Capital MarketsLower Price TargetC$2.00 ➝ C$1.50
11/18/2019National Bank FinancialLower Price TargetSector PerformC$1.50 ➝ C$1.30
10/21/2019National Bank FinancialLower Price TargetSector PerformC$1.75 ➝ C$1.50
9/3/2019National Bank FinancialReiterated RatingSector PerformC$1.75
8/8/2019Eight CapitalBoost Price TargetC$1.30 ➝ C$1.75
8/2/2019BMO Capital MarketsBoost Price TargetC$1.50 ➝ C$2.00
7/23/2019National Bank FinancialBoost Price TargetSector PerformC$1.35 ➝ C$2.00
7/19/2019Canaccord GenuityBoost Price TargetC$1.10 ➝ C$1.80
6/28/2019National Bank FinancialBoost Price TargetSector PerformC$1.15 ➝ C$1.35
6/27/2019CormarkBoost Price TargetC$1.15 ➝ C$1.35
5/30/2019National Bank FinancialLower Price TargetSector PerformC$1.40 ➝ C$1.15
4/15/2019Canaccord GenuityBoost Price TargetC$1.15 ➝ C$1.20
3/25/2019Canaccord GenuityReiterated RatingHoldC$1.15
3/21/2019National Bank FinancialBoost Price TargetC$1.25 ➝ C$1.40
2/15/2019Eight CapitalLower Price TargetC$1.65 ➝ C$1.30
2/15/2019LaurentianBoost Price TargetC$1.15 ➝ C$1.25
2/15/2019National Bank FinancialLower Price TargetSector PerformC$1.80 ➝ C$1.25
2/1/2019Eight CapitalSet Price TargetNeutralC$1.65
1/14/2019National Bank FinancialBoost Price TargetSector PerformC$1.70 ➝ C$1.80
1/9/2019BMO Capital MarketsBoost Price TargetC$1.25 ➝ C$1.50
11/12/2018National Bank FinancialBoost Price TargetSector PerformC$1.60 ➝ C$1.70
11/1/2018BMO Capital MarketsLower Price TargetMarket PerformC$2.25 ➝ C$1.25
10/18/2018Canaccord GenuityLower Price TargetC$1.50 ➝ C$1.10
9/21/2018CormarkLower Price TargetC$2.50 ➝ C$1.50
9/20/2018Eight CapitalLower Price TargetC$1.75 ➝ C$1.35
9/4/2018DesjardinsLower Price TargetSellC$1.25 ➝ C$0.75
8/20/2018Canaccord GenuityUpgradeSell ➝ Hold
8/9/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformC$2.75 ➝ C$1.70
7/27/2018Beacon SecuritiesDowngradeBuy ➝ Hold
7/27/2018National Bank FinancialLower Price TargetOutperformC$4.50 ➝ C$2.75
7/27/2018BMO Capital MarketsLower Price TargetC$4.50 ➝ C$2.25
7/27/2018CormarkLower Price TargetC$3.25 ➝ C$2.50
7/27/2018Eight CapitalLower Price TargetC$3.50 ➝ C$2.00
7/24/2018Canaccord GenuityLower Price TargetC$4.50 ➝ C$3.50
7/14/2018National Bank FinancialLower Price TargetC$5.50 ➝ C$4.50
5/10/2018Eight CapitalDowngradeBuy ➝ NeutralC$4.25 ➝ C$3.50
4/27/2018National Bank FinancialLower Price TargetOutperformC$6.25 ➝ C$5.50
4/23/2018Canaccord GenuityBoost Price TargetC$5.50 ➝ C$6.00
4/19/2018Eight CapitalLower Price TargetC$4.75 ➝ C$4.50
2/23/2018Eight CapitalLower Price TargetC$5.25 ➝ C$4.75
1/19/2018Canaccord GenuityLower Price TargetC$5.75 ➝ C$5.50
1/18/2018Eight CapitalLower Price TargetC$5.50 ➝ C$5.00
12/19/2017Laurentian Bank of CanadaReiterated RatingBuyC$4.75
12/19/2017LaurentianSet Price TargetBuyC$4.75
12/11/2017DesjardinsReiterated RatingSell
11/16/2017Eight CapitalReiterated RatingBuy
10/20/2017Canaccord GenuityUpgradeHold ➝ BuyC$4.75 ➝ C$5.75
9/29/2017ScotiabankUpgradeSector PerformC$5.00
9/29/2017Canaccord GenuityBoost Price TargetC$4.25 ➝ C$4.75
7/28/2017National Bank FinancialBoost Price TargetOutperformC$5.00 ➝ C$5.25
7/23/2017National Bank FinancialReiterated RatingOutperform Market Weight
4/28/2017TD SecuritiesReiterated RatingBuyC$7.00
4/26/2017ScotiabankReiterated RatingSector PerformC$4.00
3/13/2017TD SecuritiesLower Price TargetBuyC$5.50 ➝ C$5.00
3/13/2017ScotiabankReiterated RatingSector PerformC$3.00
3/10/2017DesjardinsReiterated RatingBuyC$4.75
2/21/2017MackieLower Price TargetC$5.00 ➝ C$4.50
2/15/2017Royal Bank of CanadaReiterated RatingSector PerformC$4.50
2/9/2017Royal Bank of CanadaReiterated RatingSector PerformC$4.50
2/3/2017Canaccord GenuityLower Price TargetC$4.25 ➝ C$4.00
2/2/2017Royal Bank of CanadaLower Price TargetSector PerformC$4.50
1/31/2017BMO Capital MarketsLower Price TargetMarket PerformC$5.25 ➝ C$4.50
1/31/2017CSFBDowngradeNeutral ➝ Underperform
1/31/2017Dundee SecuritiesLower Price TargetSellC$4.75 ➝ C$3.75
1/31/2017TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
1/31/2017National Bank FinancialLower Price TargetSector PerformC$6.25 ➝ C$4.60
1/31/2017ScotiabankDowngradeSector Perform ➝ UnderperformC$5.00 ➝ C$3.00
1/31/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform
1/31/2017DesjardinsLower Price TargetC$7.25 ➝ C$5.00
1/30/2017DesjardinsLower Price TargetBuy ➝ HoldC$7.25 ➝ C$5.00
1/23/2017ScotiabankReiterated RatingSector PerformC$5.00
12/21/2016DesjardinsBoost Price TargetC$7.00 ➝ C$7.25
12/20/2016ScotiabankReiterated RatingSector PerformC$6.00
10/20/2016DesjardinsLower Price TargetC$7.00 ➝ C$6.25
10/7/2016Royal Bank of CanadaReiterated RatingSector Perform
9/16/2016DesjardinsUpgradeHold ➝ Buy
9/14/2016Royal Bank of CanadaLower Price TargetSector PerformC$7.60 ➝ C$7.00
9/8/2016National Bank FinancialLower Price TargetC$8.10 ➝ C$7.75
9/7/2016DesjardinsDowngradeBuy ➝ Hold
8/4/2016National Bank FinancialBoost Price TargetSector PerformC$7.00 ➝ C$8.10
7/13/2016National Bank FinancialBoost Price TargetC$6.50 ➝ C$7.00
7/12/2016Canaccord GenuityUpgradeHold ➝ BuyC$6.25 ➝ C$7.75
6/29/2016Royal Bank of CanadaReiterated RatingSector Perform
(Data available from 6/22/2016 forward)
New Gold logo
New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River gold-silver mine located in Ontario, Canada; and New Afton gold-copper mine located in British Columbia, Canada. It also operates the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico. The company is headquartered in Toronto, Canada.
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Today's Range

Now: C$2.30
Low: C$2.29
High: C$2.38

50 Day Range

MA: C$2.34
Low: C$2.02
High: C$2.67

52 Week Range

Now: C$2.30
Low: C$1.61
High: C$3.05

Volume

951,440 shs

Average Volume

2,025,283 shs

Market Capitalization

C$1.57 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of New Gold?

The following equities research analysts have issued reports on New Gold in the last twelve months: Bank of America Co., Canaccord Genuity, Credit Suisse Group AG, CSFB, Eight Capital, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for NGD.

What is the current price target for New Gold?

10 Wall Street analysts have set twelve-month price targets for New Gold in the last year. Their average twelve-month price target is C$2.67, suggesting a possible upside of 15.9%. National Bankshares, Inc. has the highest price target set, predicting NGD will reach C$4.00 in the next twelve months. CSFB has the lowest price target set, forecasting a price of C$1.70 for New Gold in the next year.
View the latest price targets for NGD.

What is the current consensus analyst rating for New Gold?

New Gold currently has 1 sell rating, 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NGD, but not buy more shares or sell existing shares.
View the latest ratings for NGD.

What other companies compete with New Gold?

How do I contact New Gold's investor relations team?

New Gold's physical mailing address is 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada. The company's listed phone number is +1-416-3246000. The official website for New Gold is www.newgold.com.