St Barbara Ltd (ASX: SBM) could have a strong day after the gold price stormed higher. According to CNBC, the spot gold price is up 1.6% to US$1,764.70 an ounce. The precious metal was in demand with traders after bond yields retreated.
Bank of Queensland given buy rating
The
Bank of Queensland Limited (ASX: BOQ) share price is in the buy zone according to analysts at Goldman Sachs. The broker was pleased with its half year results on Thursday and responded by retaining its buy rating and lifting its price target to $9.83. Goldman believes that Bank of Queensland’s guidance for the full year is conservative and expects the bank to outperform it.