8 Analysts Have This to Say About Newmont
Portfolio Pulse from Benzinga Insights
Newmont (NYSE:NEM) has received various analyst ratings in the last quarter, with 2 bullish, 2 somewhat bullish, and 4 indifferent. The average 12-month price target for the company, according to 8 analysts, is $51.12, a decrease of 8.01% from the previous average of $55.57.
October 04, 2023 | 9:00 pm
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NEUTRAL IMPACT
Newmont has received mixed analyst ratings, with an average 12-month price target of $51.12, down 8.01% from the previous average.
The mixed analyst ratings indicate uncertainty about the company's performance. The decrease in the average price target suggests that analysts have lowered their expectations for the company's stock price, which could potentially impact investor sentiment and the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100