Shares of Newmont Co. (TSE:NGT – Get Free Report) have been assigned a consensus recommendation of “Buy” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and six have assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$62.50.
NGT has been the topic of a number of analyst reports. National Bank Financial upgraded shares of Newmont to a “hold” rating in a research note on Friday, March 21st. BMO Capital Markets raised shares of Newmont to a “strong-buy” rating in a research note on Tuesday, April 15th. Cfra Research upgraded Newmont to a “strong-buy” rating in a report on Friday, April 25th. National Bankshares lifted their price objective on shares of Newmont from C$75.00 to C$80.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 19th. Finally, UBS Group upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, April 11th.
Read Our Latest Stock Report on NGT
Newmont Stock Performance
Newmont Company Profile
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.
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