Nuveen California AMT-Free Quality Municipal Income Fund (NKX) Is At $14.98 Formed Wedge; Barrick Gold (ABX) Covered By 8 Bulls

January 25, 2018 - By Annabelle Johnson

Nuveen California AMT-Free Quality Municipal Income Fund (NKX) formed wedge down with $13.78 target or 8.00% below today’s $14.98 share price. Nuveen California AMT-Free Quality Municipal Income Fund (NKX) has $715.30M valuation. The stock decreased 0.13% or $0.02 during the last trading session, reaching $14.98. About 132,374 shares traded or 84.24% up from the average. Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX) has declined 6.25% since January 25, 2017 and is downtrending. It has underperformed by 22.95% the S&P500.

Among 24 analysts covering Barrick Gold Corp. (NYSE:ABX), 8 have Buy rating, 1 Sell and 15 Hold. Therefore 33% are positive. Barrick Gold Corp. had 81 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup initiated Barrick Gold Corporation (NYSE:ABX) on Tuesday, August 2 with “Buy” rating. The company was downgraded on Tuesday, May 3 by Canaccord Genuity. Clarkson Platou upgraded the stock to “Buy” rating in Monday, April 18 report. RBC Capital Markets maintained the shares of ABX in report on Monday, October 30 with “Buy” rating. The company was maintained on Monday, December 18 by BMO Capital Markets. IBC upgraded the stock to “Outperform” rating in Monday, June 27 report. Berenberg maintained it with “Sell” rating and $15.2000 target in Friday, May 26 report. As per Friday, July 29, the company rating was maintained by Deutsche Bank. RBC Capital Markets maintained Barrick Gold Corporation (NYSE:ABX) on Monday, June 12 with “Buy” rating. JP Morgan maintained the shares of ABX in report on Tuesday, March 15 with “Neutral” rating. See Barrick Gold Corporation (NYSE:ABX) latest ratings:

18/12/2017 Broker: BMO Capital Markets Rating: Hold New Target: $16.0 Maintain
03/12/2017 Broker: RBC Capital Markets Rating: Hold New Target: $17.0 Maintain
30/11/2017 Broker: Citigroup Old Rating: Buy New Rating: Sell Downgrade
14/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $18.0 Maintain
03/11/2017 Broker: UBS Rating: Neutral Old Target: $18 New Target: $17 Maintain
01/11/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Downgrade
30/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $21.0 Maintain
26/10/2017 Broker: Credit Suisse Rating: Hold New Target: $19.0 Downgrade
19/10/2017 Broker: Jefferies Rating: Buy New Target: $20.0 Maintain
12/10/2017 Broker: TD Securities Rating: Hold New Target: $20.0 Maintain

Investors sentiment decreased to 0.53 in 2017 Q3. Its down 0.20, from 0.73 in 2017Q2. It turned negative, as 6 investors sold Nuveen California AMT-Free Quality Municipal Income Fund shares while 13 reduced holdings. 6 funds opened positions while 4 raised stakes. 2.65 million shares or 3.27% less from 2.74 million shares in 2017Q2 were reported. 5,750 were accumulated by North Star Investment Management. Financial Bank Of New York Mellon holds 0% of its portfolio in Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX) for 17,557 shares. First Allied Advisory reported 31,174 shares. Tortoise Investment Management Lc has invested 0.03% in Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX). Lpl Fincl Limited Liability invested 0% of its portfolio in Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX). Moreover, Boston Advsrs has 0% invested in Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX) for 11,272 shares. Guggenheim Limited Liability Corporation reported 494,164 shares stake. Security National Tru Company stated it has 18,764 shares. Morgan Stanley, New York-based fund reported 316,646 shares. Edge Wealth Mngmt Limited Liability Com has invested 0.02% in Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX). Diligent Investors Lc reported 20,218 shares stake. Cetera Advsrs Limited Liability Corporation has 11,825 shares. Blackrock accumulated 7 shares. Northern Tru reported 15,758 shares or 0% of all its holdings. Advisory Services Ntwk Ltd Liability reported 0% in Nuveen California AMT-Free Quality Municipal Income Fund (NYSE:NKX).

The stock increased 1.48% or $0.22 during the last trading session, reaching $15.05. About 17.77 million shares traded or 65.34% up from the average. Barrick Gold Corporation (NYSE:ABX) has declined 8.26% since January 25, 2017 and is downtrending. It has underperformed by 24.96% the S&P500.

Barrick Gold Corporation engages in the exploration and development of mineral properties in the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. The company has market cap of $17.31 billion. It primarily explores for gold, copper, and nickel deposits. It has a 8.09 P/E ratio. The companyÂ’s principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, and Veladero.