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 forecast of $3.5 billion in a year."

Barclays maintains an "Underweight" on Goldcorp, which was trading at $42.88, down $0.20, or 0.46 percent. Barclays raised their price target on them from $30 to $36.