Wall Street Analysts Believe Allied Gold Corporation (AAUC) Could Rally 27.35%: Here's is How to Trade

Group 1 - Allied Gold Corporation (AAUC) closed at $23.11, with a 4% gain over the past four weeks, and a mean price target of $29.43 indicating a 27.4% upside potential [1] - The average price targets range from a low of $25.20 to a high of $38.35, with a standard deviation of $5.14, suggesting a 9% increase at the lowest estimate and a 66% upside at the highest [2] - Analysts show strong agreement on AAUC's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 19.3% over the past month, indicating positive sentiment among analysts [12] - AAUC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [14]