DRDGOLD LTD (DRD) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of DRDGOLD LTD (DRD) from NEUTRAL to UNDERPERFORM on September 03, 2014, with a target price of $2.40.

DRDGOLD is a medium-sized, unhedged gold producer with investments in South Africa and Australasia. Incontrovertibly bullish about its product, the company has recently concluded extensive refocusing of its gold interests.

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