BUZZ-Randgold Resources Ltd: Deutsche Bank downgrades to "hold"

** Gold miner's U.S.-listed shares down 3.5 pct at $79.35, London-listed shares down 4 pct at 5,200 pence

** Deutsche Bank (Xetra: 514000 - news) downgrades London-listed stock to "buy" from "hold", cuts price target to 56 euros from 58 euros

** Company on Monday reported lower quarterly profit and revenue despite a 26 pct rise in gold production

** Analysts cut price target, citing risks relating to volatility in gold prices and expenses

** "If gold prices drift down from here, as we forecast, then we think a holding pattern for 2015 is more likely," analysts write

** Of 20 analysts covering the stock, 12 have "hold" and 8 have "buy" or higher rating

** Up to Monday's close, NYSE-listed shares had fallen 19 pct