4 Analysts Have This to Say About Newmont
Portfolio Pulse from Benzinga Insights
In the last quarter, 4 analysts have provided ratings for Newmont (NYSE:NEM) with 1 being bullish, 2 somewhat bullish, and 1 indifferent. The company has an average 12-month price target of $57.75, a decrease of 3.35% from the previous average price target of $59.75.
July 24, 2023 | 6:00 pm
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NEUTRAL IMPACT
Newmont has received mixed ratings from analysts, with a slight lean towards bullish. The average 12-month price target has decreased by 3.35% to $57.75.
The mixed analyst ratings indicate uncertainty about the company's future performance. The decrease in the average price target suggests that analysts have slightly lowered their expectations for the stock. However, the overall bullish lean could still provide some support for the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100