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Is Analyst Sentiment on Goldcorp Improving?

Is Analyst Sentiment on Goldcorp Improving?

Goldcorp (GG) currently has “buy” ratings from 59% of the 22 analysts covering the stock, as per the consensus compiled by Thomson Reuters. Based on the mean target price and current market price, its stock has a higher upside potential of 29% as compared to its close peers (GDX) (NUGT) Barrick Gold (ABX) and Newmont Mining (NEM). The analyst sentiment seems to be improving for GG’s stock.