The leading market experts have placed a mean price target of $21.48 on Goldcorp Inc. (NYSE:GG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.14 a share for the upcoming quarter and $0.38 for the current fiscal. Technical View The technical analysis of Goldcorp Inc. Common Stock plainly substantiates that the 50-day moving average of Goldcorp Inc. Common Stock is $18.65, and stock is hovering -0.57 or -3.05% distant from $18.65. It is noted that the 200-day MA is $16.68, and Goldcorp Inc. Common Stock stock is $1.40 or +8.42% off from this point. Goldcorp Inc. (NYSE:GG) 52-week high is $20.38 and the 52-week low is $9.46. This explains if the stock moves $-2.30, it will post a 52-week high. In event of $+91.12% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Goldcorp Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Goldcorp Inc. (NYSE:GG) ratio came in at N/A. The stock last ended the trading session at $18.08 and registered a market cap of $15.42B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Goldcorp Inc. (NYSE:GG) PEG ratio is at -1.94.
1 Chart Pattern Every Investor Should Know