Analyst Ratings for Newmont
Portfolio Pulse from Benzinga Insights
Over the past three months, four analysts have published their opinions on Newmont (NYSE:NEM) stock, with one being bullish, two somewhat bullish, and one indifferent. The average price target is $63.75, implying an upside from the current price of $41.54. The average price target has increased by 5.81% over the past month.
July 07, 2023 | 1:01 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts have a positive outlook on Newmont (NYSE:NEM) with an average price target of $63.75, indicating potential upside from the current price.
The positive outlook from analysts, with three out of four having a bullish or somewhat bullish stance, suggests a potential increase in the stock price. The average price target is significantly higher than the current price, indicating potential upside. This could attract investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100