Goldcorp Inc. (G) PT Raised to C$23.60 at J P Morgan Chase & Co

Goldcorp Inc. (TSE:G) (NYSE:GG) had its price objective boosted by J P Morgan Chase & Co from C$21.00 to C$23.60 in a research note published on Wednesday.

Other equities research analysts have also issued reports about the stock. Royal Bank Of Canada raised shares of Goldcorp from a sector perform rating to an outperform rating and boosted their target price for the stock from C$15.00 to C$18.00 in a report on Wednesday, November 1st. Scotiabank reduced their target price on shares of Goldcorp to C$22.00 and set an outperform rating on the stock in a report on Tuesday, October 31st. National Bank Financial reduced their target price on shares of Goldcorp from C$22.50 to C$22.00 and set a sector perform rating on the stock in a report on Friday, July 28th. TD Securities reduced their target price on shares of Goldcorp to C$25.00 and set a buy rating on the stock in a report on Friday, August 4th. Finally, Canaccord Genuity boosted their target price on shares of Goldcorp from C$21.00 to C$21.50 in a report on Thursday, October 26th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of C$22.35.

Goldcorp (TSE G) opened at C$17.10 on Wednesday. Goldcorp has a 12-month low of C$15.56 and a 12-month high of C$23.35.

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In other news, Director De La Vega Blanca Treviño acquired 7,150 shares of Goldcorp stock in a transaction dated Friday, November 17th. The shares were bought at an average cost of C$13.45 per share, with a total value of C$96,167.50. Also, insider Russell David Ball sold 2,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of C$16.82, for a total transaction of C$33,640.00. Over the last ninety days, insiders sold 6,720 shares of company stock worth $113,486.

About Goldcorp

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Analyst Recommendations for Goldcorp (TSE:G)

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