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Newmont Mining (NEM)
NYSE:NEM
Holding NEM?
Track your performance easily
See the Price Targets and Ratings of:
NEM Analyst Ratings
Moderate Buy
6 Buy
7 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
NEM Stock 12 Month Forecast
Average Price Target
$53.80
▲(34.23% Upside)
| Highest Price Target$66.00 | Average Price Target$53.80 | Lowest Price Target$36.22 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Bank of America Securities
Assigned
12/09/24
RBC Capital
Reiterated
12/05/24
CIBC
Reiterated
12/02/24
TD Securities
Reiterated
11/27/24
Jefferies
Reiterated
11/26/24
Raymond James
Reiterated
11/25/24
Scotiabank
Reiterated
11/25/24
J.P. Morgan
Upgraded
11/19/24
Bernstein
Reiterated
11/05/24
UBS
$67→$54
Hold
34.73%
Upside
Downgraded
10/30/24
Newmont downgraded to Neutral from Buy at UBSNewmont downgraded to Neutral from Buy at UBS
National Bank
$61.18→$56.26
Hold
40.37%
Upside
Reiterated
10/25/24
Newmont price target lowered to C$80 from C$87 at National BankNewmont price target lowered to C$80 from C$87 at National Bank
Citi
$57→$66
Buy
64.67%
Upside
Reiterated
10/01/24
Newmont Mining Corp. (NEM) PT Raised to $66 at CitiCiti analyst Alexander Hacking raised the price target on Newmont Mining Corp. (NYSE: NEM) to $66.00 (from $57.00) while maintaining a Buy rating.
Veritas Investment Research
$53.29→$65.15
Buy
62.55%
Upside
Upgraded
09/30/24
Newmont upgraded to Buy from Reduce at VeritasNewmont upgraded to Buy from Reduce at Veritas
Argus Research
―
Buy
―
Assigned
08/28/24
New Buy Rating for Newmont Mining (NEM), the Basic Materials Giant
Best Analysts Covering Newmont Mining
Which Analyst Should I Follow If I Want to Buy NEM and Sell After:
1 Month
xxx
Success Rate
7/12 ratings generated profit
Average Return
+0.91%
assigned a xxx
rating 13 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 58.33% of your transactions generating a profit, with an average return of +0.91% per trade.
3 Months
xxx
Success Rate
12/17 ratings generated profit
Average Return
+9.45%
reiterated a xxx
rating 26 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 70.59% of your transactions generating a profit, with an average return of +9.45% per trade.
1 Year
Success Rate
13/17 ratings generated profit
Average Return
+32.26%
reiterated a buy rating 26 days ago
Copying Matt Murphy's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +32.26% per trade.
2 Years
xxx
Success Rate
13/15 ratings generated profit
Average Return
+46.31%
reiterated a xxx
rating 27 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 86.67% of your transactions generating a profit, with an average return of +46.31% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
NEM Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
0
0
0
0
0
Buy
10
12
15
17
14
Hold
6
8
15
22
22
Sell
0
0
0
1
1
Strong Sell
0
0
0
0
0
total
16
20
30
40
37
Each month's total comprises the sum of three months' worth of ratings.
NEM Financial Forecast
NEM Stock Forecast FAQ
What is NEM’s average 12-month price target, according to analysts?
Based on analyst ratings, Newmont Mining’s 12-month average price target is $53.80.
What is NEM’s upside potential, based on the analysts’ average price target?
Newmont Mining has 34.23% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NEM a Buy, Sell or Hold?
Newmont Mining has a consensus rating of Moderate Buy which is based on 6 buy ratings, 7 hold ratings and 1 sell ratings.
What is Newmont Mining’s price target?
The average price target for Newmont Mining is $53.80. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $66.00 ,the lowest forecast is $36.22. The average price target represents 34.23% Increase from the current price of $40.08.
The highest analyst price target is $66.00 ,the lowest forecast is $36.22. The average price target represents 34.23% Increase from the current price of $40.08.
What do analysts say about Newmont Mining?
Newmont Mining’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.
How can I buy shares of NEM?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.