Alamos Gold Downgraded to Hold by Wall Street Zen

Alamos Gold (NYSE:AGI) has been downgraded by equities researchers at Wall Street Zen from a 'buy' rating to a 'hold' rating in a report issued on Sunday. This downgrade is part of a growing trend, as other brokerages have also recently weighed in on AGI.

On Thursday, July 9th, Royal Bank Of Canada reduced their price target on shares of Alamos Gold from $52.00 to $42.00 and set an 'outperform' rating on the stock. Scotiabank reaffirmed an 'outperform' rating on shares of Alamos Gold in a research report on Tuesday, July 14th.

Canadian Imperial Bank of Commerce reissued an 'outperform' rating on shares of Alamos Gold in a research report on Saturday, June 20th. Jefferies Financial Group decreased their target price on Alamos Gold from $50.00 to $49.00 and set a 'buy' rating for the company in a research report on Monday, July 6th.

Weiss Ratings downgraded Alamos Gold from a 'buy (b-)' rating to a 'hold (c+)' rating in a report on Thursday, July 23rd. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock.