Caledonia Mining (CMCL) Stock Forecast & Price Target

$11.75

0.00 (0.00%)

(As of 07/26/2024 ET)

Caledonia Mining - Analysts' Recommendations 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.

Consensus Rating

Buy
Based on 1 Analyst Ratings

Based on 1 Wall Street analysts who have issued ratings for Caledonia Mining in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for CMCL.

Consensus Price Target

$13.50
14.89% Upside

High Forecast	$13.50
Average Forecast	$13.50
Low Forecast	$13.50

According to the 1 analysts' twelve-month price targets for Caledonia Mining, the average price target is $13.50. The highest price target for CMCL is $13.50, while the lowest price target for CMCL is $13.50. The average price target represents a forecasted upside of 14.89% from the current price of $11.75.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Buy	Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$13.50	$13.50	N/A	N/A
Forecasted Upside	14.89% Upside	35.00% Upside	N/A	N/A

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CMCL Analyst Recommendations 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.

CMCL 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.

Caledonia Mining Stock vs. The Competition

Type	Caledonia Mining	Basic Materials Companies	S&P 500
Consensus Rating Score	3.00	2.64	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	14.89% Upside	306.17% Upside	9.18% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
4/29/2024	Cantor Fitzgerald 3 of 5 stars		Upgrade	Hold ➝ Speculative Buy	$13.50	+35.00%
7/6/2023	Liberum Capital 2 of 5 stars		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:51 AM ET.

CMCL Forecast - Frequently Asked Questions

What is Caledonia Mining's forecast for 2024?: According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Caledonia Mining is $13.50, with a high forecast of $13.50 and a low forecast of $13.50.
Should I buy or sell Caledonia Mining stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Caledonia Mining in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMCL shares.
Does Caledonia Mining's stock price have much upside?: According to analysts, Caledonia Mining's stock has a predicted upside of 35.00% based on their 12-month stock forecasts.
Has Caledonia Mining been upgraded by Wall Street analysts recently?: Over the previous 90 days, Caledonia Mining's stock had 1 upgrade by analysts.
What analysts cover Caledonia Mining?: Caledonia Mining has been rated by research analysts at Cantor Fitzgerald in the past 90 days.
Do Wall Street analysts like Caledonia Mining more than its competitors?: Analysts like Caledonia Mining more than other "basic materials" companies. The consensus rating for Caledonia Mining is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how CMCL compares to other companies.