Newmont (NEM)
(Delayed Data from NYSE)
$43.45 USD
+1.74 (4.17%)
Updated Jul 3, 2024 01:00 PM ET
After-Market: $43.27 -0.18 (-0.41%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth A Momentum B VGM
Newmont Corporation (NEM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$50.02 | $55.00 | $44.00 | 19.92% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for Newmont Corporation comes to $50.02. The forecasts range from a low of $44.00 to a high of $55.00. The average price target represents an increase of 19.92% from the last closing price of $41.71.
Analyst Price Targets (15)
Broker Rating
Newmont Corporation currently has an average brokerage recommendation (ABR) of 1.94 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 16 brokerage firms. The current ABR compares to an ABR of 2.13 a month ago based on 15 recommendations.
Of the 16 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 50% and 6.25% of all recommendations. A month ago, Strong Buy made up 40%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 6 | 5 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 7 | 7 | 8 | 8 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.94 | 1.94 | 2.13 | 2.21 | 2.07 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
6/21/2024 | Exane BNP Paribas | Alan Spence | Not Available | Strong Buy |
6/17/2024 | UBS | Daniel Major | Hold | Strong Buy |
5/29/2024 | Not Identified | Not Identified | Hold | Hold |
5/23/2024 | Scotiabank | Tanya Jakusconek | Hold | Hold |
4/30/2024 | National Bank Financial | Mike Parkin | Strong Buy | Hold |
4/26/2024 | Macquarie Capital Securities | Andrew Bowler | Strong Buy | Strong Buy |
4/22/2024 | Canaccord Genuity | Carey Macrury | Strong Buy | Strong Buy |
4/22/2024 | TD Securities | Gregory Barnes | Hold | Hold |
4/16/2024 | Raymond James Ltd. | Brian Macarthur | Moderate Buy | Moderate Buy |
4/12/2024 | CIBC World Markets Corp. | Anita Soni | Hold | Hold |
4/8/2024 | Not Identified | Not Identified | Hold | Hold |
4/4/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
3/27/2024 | BMO Capital Markets | Jackie Przybylowski | Strong Buy | Strong Buy |
2/29/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/26/2024 | Argus Research Corp. | William V Selesky | Strong Buy | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.94 |
ABR (Last week) | 1.94 |
# of Recs in ABR | 16 |
Average Target Price | $50.02 |
LT Growth Rate | 47.90% |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 203 of 252 |
Current Quarter EPS Est: | 0.52 |