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0.000861326442721926 0.00689061154177434 0.00258397932816547 0.000861326442721926 -0.00344530577088709 -0.00172265288544355 -0.00516795865633064 -0.00086132644272162
Stock impact report

How The New Gold (TSX:NGD) Story Is Shifting With A Higher C$12.50 Price Target [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
Analysts have held their fair value estimate for New Gold at 15.12 while resetting a key part of the narrative around how fast the business could grow. The new C$12.50 price target reflects updated research that points to a stronger revenue growth assumption of 26.19% and a lower discount rate of 7.25%, even as the net profit margin assumption and future P/E multiple used in their models are now more conservative. As you read on, keep an eye on how these shifting assumptions shape sentiment around New Gold and how you can stay on top of future updates to this story. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value New Gold. ?? Bullish Takeaways National Bank has reiterated an Outperform view on New Gold, which signals that the firm sees the shares as attractive relative to its coverage universe based on its research framework. The bank has updated its work with a new C$12.50 price target, up from C$11.50, ali Show less Read more
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