Allied Gold (TSE:AAU) Rating Increased to Strong-Buy at Stifel Nicolaus

Allied Gold (TSE:AAUGet Free Report) was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other research firms have also recently weighed in on AAU. Canaccord Genuity Group raised Allied Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 1st. National Bank Financial raised Allied Gold to a “hold” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

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