Analyst Scoreboard: 6 Ratings For Newmont
Portfolio Pulse from Benzinga Insights
In the past three months, six analysts have evaluated Newmont (NYSE:NEM), with ratings ranging from bullish to bearish. The average 12-month price target for Newmont has increased by 12.23% to $60.83. Analysts have adjusted their ratings and price targets, reflecting their perceptions of Newmont's market position and performance. Newmont, the world's largest gold miner, has a strong market capitalization, impressive net margin, and ROE, but faces challenges with debt management.
October 24, 2024 | 5:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts have mixed ratings for Newmont, with a 12.23% increase in the average price target to $60.83. The company shows strong financial metrics but faces debt management challenges.
The increase in the average price target by 12.23% suggests a positive outlook from analysts, which could lead to a short-term price increase. However, the mixed ratings and debt management challenges may temper this optimism. The company's strong market position and financial metrics support a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100