Harmony Gold Mining (HMY) Stock Forecast & Price Target

$8.74
-0.04 (-0.46%)
(As of 04/24/2024 ET)

Harmony Gold Mining Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Strong Sell
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$4.90
-43.90% Downside
High Forecast$4.90
Average Forecast$4.90
Low Forecast$4.90
TypeCurrent Forecast
4/25/23 to 4/24/24
1 Month Ago
3/26/23 to 3/25/24
3 Months Ago
1/25/23 to 1/25/24
1 Year Ago
4/25/22 to 4/25/23
Consensus Rating
Strong Sell
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
0 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
3 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$4.90$3.40$3.40N/A
Predicted Upside-43.90% Downside-24.11% Downside-24.11% DownsideN/A
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HMY Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HMY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Harmony Gold Mining Stock vs. The Competition

TypeHarmony Gold MiningBasic Materials CompaniesS&P 500
Consensus Rating Score
1.00
2.58
2.49
Consensus RatingStrong SellModerate BuyHold
Predicted Upside-43.90% Downside443.02% Upside10.00% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/19/2024HSBC
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 DowngradeHold ➝ Reduce
4/17/2024JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$3.20 ➝ $4.90-46.06%
10/18/2023Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:46 PM ET.

HMY Price Target - Frequently Asked Questions

What is Harmony Gold Mining's consensus rating and price target?

According to the issued ratings of 3 analysts in the last year, the consensus rating for Harmony Gold Mining stock is Strong Sell based on the current 3 sell ratings for HMY. The average twelve-month price prediction for Harmony Gold Mining is $4.90 with a high price target of $4.90 and a low price target of $4.90. Learn more on HMY's analyst rating history.

Do Wall Street analysts like Harmony Gold Mining more than its competitors?

Analysts like Harmony Gold Mining less than other Basic Materials companies. The consensus rating for Harmony Gold Mining is Strong Sell while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how HMY compares to other companies.

Is Harmony Gold Mining being downgraded by Wall Street analysts?

Over the previous 90 days, Harmony Gold Mining's stock had 1 downgrade by analysts.

Does Harmony Gold Mining's stock price have much downside?

According to analysts, Harmony Gold Mining's stock has a predicted downside of -46.06% based on their 12-month stock forecasts.

What analysts cover Harmony Gold Mining?

Harmony Gold Mining has been rated by HSBC, and JPMorgan Chase & Co. in the past 90 days.


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This page (NYSE:HMY) was last updated on 4/24/2024 by MarketBeat.com Staff

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