Barclays (NYSE:BCS) Raises Goldcorp’s (NYSE:GG) PT on Updated Gold Price

The large cap gold miners got a close look from Barclays today, and most of them had their price target increased based on updated gold price assumptions. Barclays said, “Our earnings model now reflects marked-to-market metals prices for 4Q 2010 and updated gold price assumptions for 2011-2014. Based on these assumptions, our new $36 target price assumes a net firm value 7.6x our 2012 EBITDA

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Barclays (NYSE:BCS) Raises Goldcorp’s (NYSE:GG) PT on Updated Gold Price

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