Newmont (NEM)
(Delayed Data from NYSE)
$42.40 USD
+0.42 (1.00%)
Updated May 28, 2024 04:00 PM ET
After-Market: $42.48 +0.08 (0.19%) 5:38 PM ET
2-Buy of 5 2
C Value B Growth C Momentum B VGM
Newmont Corporation (NEM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$46.89 | $54.00 | $40.00 | 11.70% |
Price Target
Based on short-term price targets offered by 14 analysts, the average price target for Newmont Corporation comes to $46.89. The forecasts range from a low of $40.00 to a high of $54.00. The average price target represents an increase of 11.7% from the last closing price of $41.98.
Analyst Price Targets (14)
Broker Rating
Newmont Corporation currently has an average brokerage recommendation (ABR) of 2.13 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 2.21 a month ago based on 14 recommendations.
Of the 15 recommendations deriving the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 40% and 6.67% of all recommendations. A month ago, Strong Buy made up 35.71%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 5 | 5 | 7 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 8 | 8 | 8 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.13 | 2.13 | 2.21 | 2.15 | 2.00 |
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 |
---|---|---|---|---|
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 |
3/27/2024 | BMO Capital Markets | Jackie Przybylowski | 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 | 2.13 |
ABR (Last week) | 2.13 |
# of Recs in ABR | 15 |
Average Target Price | $46.89 |
LT Growth Rate | 50.80% |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 181 of 252 |
Current Quarter EPS Est: | 0.50 |