DRDGold price target raised to $46.50 from $36.25 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on DRDGold (DRD) to $46.50 from $36.25 and keeps a Buy rating on the shares. The gold price environment continues to increase the company’s potential profit from “Vision 2028,” the analyst tells investors in a research note. The firm believes DRDGold’s Vision 2028 Initiative continues to generate interest and investment in the company.