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NYSE:NEMNewmont Goldcorp Price Target & Analyst Ratings

+0.12 (+0.19 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $62.99
50-Day Range
MA: $63.76
52-Week Range
Now: $62.99
Volume8.27 million shs
Average Volume9.14 million shs
Market Capitalization$50.59 billion
P/E Ratio13.15
Dividend Yield1.59%

Analyst Ratings

Newmont Goldcorp (NYSE:NEM) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
17 Wall Street analysts have issued ratings and price targets for Newmont Goldcorp in the last 12 months. Their average twelve-month price target is $71.33, suggesting that the stock has a possible upside of 13.24%. The high price target for NEM is $97.00 and the low price target for NEM is $57.00. There are currently 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.652.602.642.69
Ratings Breakdown: 0 Sell Rating(s)
6 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
1 Strong Buy Rating(s)
Consensus Price Target: $71.33$69.83$69.00$45.27
Price Target Upside: 13.24% upside13.02% upside6.72% upside2.39% upside

Newmont Goldcorp (NYSE:NEM) Consensus Price Target History

Average Share Price and Price Target 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.

Newmont Goldcorp (NYSE:NEM) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/31/2020Raymond JamesBoost Price TargetOutperform$78.00 ➝ $80.00Medium
7/30/2020Fundamental ResearchInitiated CoverageBuy$74.64Medium
7/29/2020Credit Suisse GroupReiterated RatingBuy$72.00Medium
7/28/2020Royal Bank of CanadaReiterated RatingHold$57.00Low
7/20/2020BarclaysBoost Price TargetEqual Weight$58.00 ➝ $61.00High
6/29/2020CitigroupLower Price Target$74.00 ➝ $70.00Low
6/17/2020Deutsche BankBoost Price TargetBuy$70.00 ➝ $74.00Low
5/19/2020B. RileyBoost Price TargetBuy$96.00 ➝ $97.00Low
5/18/2020Standpoint ResearchDowngradeBuy ➝ HoldLow
5/6/2020TD SecuritiesBoost Price TargetBuy$81.00 ➝ $83.00Low
5/6/2020Bank of AmericaReiterated RatingBuy$73.00 ➝ $82.00Medium
5/6/2020JPMorgan Chase & Co.Boost Price TargetOverweight$70.00 ➝ $73.00Medium
4/17/2020UBS GroupBoost Price TargetNeutral$46.00 ➝ $58.00Medium
4/2/2020BMO Capital MarketsLower Price TargetOutperform$60.00 ➝ $59.00Medium
2/23/2020CIBCUpgradeNeutral ➝ Outperform$58.00Medium
12/16/2019Eight CapitalInitiated CoverageHoldMedium
10/23/2019National Bank FinancialReiterated RatingOutperform Market WeightLow
9/12/2019MacquarieInitiated CoverageNeutralLow
4/4/2019DesjardinsReiterated RatingBuy$43.00Low
2/22/2019Jefferies Financial GroupReiterated RatingHold$33.00Low
1/15/2019Canaccord GenuityUpgradeHold ➝ Buy$37.00 ➝ $42.00High
6/12/2018Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
3/1/2018ScotiabankReiterated RatingBuy$49.00Low
10/31/2017FBR & CoSet Price TargetHold$40.00N/A
(Data available from 8/14/2018 forward)
This page was last updated on 8/14/2020 by MarketBeat.com Staff

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