NYSE:NEM

Newmont - NEM Price Target & Analyst Ratings

$42.43

+0.08 (+0.19%)

(As of 09/8/2022 11:10 AM ET)

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Today's Range: $41.94
▼
$42.83
50-Day Range: $40.91
▼
$61.17
52-Week Range: $40.27
▼
$86.37

Volume: 172,698 shs
Average Volume: 8.10 million shs
Market Capitalization: $33.68 billion

P/E Ratio: 42.86
Dividend Yield: 5.27%
Price Target: $69.57

Newmont Consensus Rating and Price Target (2022)

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 Analyst Rating

Hold
Based on 16 Analyst Ratings

Consensus Analyst Price Target

$69.85
64.63% Upside

High Prediction	$115.00
Average Prediction	$69.85
Low Prediction	$50.00

Type	Current 9/8/21 to 9/8/22	1 Month Ago 8/9/21 to 8/9/22	3 Months Ago 6/10/21 to 6/10/22	1 Year Ago 9/8/20 to 9/8/21
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	10 Hold rating(s)	10 Hold rating(s)	14 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$69.85	$71.27	$76.32	$70.00
Predicted Upside	64.63% Upside	18.60% Upside	12.41% Upside	13.89% Upside

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NEM 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.

NEM 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.

Newmont Stock vs. The Competition

Type	Newmont	Basic Materials Companies	S&P 500
Consensus Rating Score	2.38	2.62	2.49
Consensus Rating	Hold	Buy	Hold
Predicted Upside	64.94% Upside	192.58% Upside	21.72% Upside
News Sentiment Rating	Neutral News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 878 64.51% Underperform Votes 483 35.49%	Avg. Outperform Votes 130 63.11% Avg. Underperform Votes 76 36.89%	Avg. Outperform Votes 851 68.46% Avg. Underperform Votes 392 31.54%

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/6/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$50.00	+19.99%
7/27/2022	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Carey MacRury Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$66.00 ➝ $60.00	+30.04%
7/27/2022	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Parkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform
7/26/2022	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$64.00 ➝ $52.00	+12.21%
7/26/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$76.00 ➝ $71.00	+53.22%
7/19/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$68.00 ➝ $60.00	+9.47%
5/10/2022	Fundamental Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$79.52	+16.50%
4/26/2022	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Sclodnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform	$119.00 ➝ $115.00	+58.47%
4/25/2022	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$57.00	-23.51%
4/19/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
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3/9/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$67.00 ➝ $72.00	-7.23%
2/28/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$70.00 ➝ $75.00	+12.19%
1/24/2022	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Outperform ➝ Sector Perform	$75.00 ➝ $72.00	+14.12%
11/29/2021	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform	$61.00	+9.91%
10/29/2021	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Outperform ➝ Neutral	$81.00 ➝ $69.00	+25.36%
9/24/2021	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight ➝ Sector Weight
5/5/2021	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$65.00 ➝ $73.00	+14.42%
4/27/2021	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$83.00 ➝ $75.00	+16.80%
2/19/2021	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$70.00 ➝ $66.00	+17.65%
6/17/2020	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$70.00 ➝ $74.00	+32.26%
5/19/2020	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Graf Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$96.00 ➝ $97.00	+46.39%
5/18/2020	Standpoint Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
4/2/2020	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$60.00 ➝ $59.00	+20.78%
12/16/2019	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Ralph M. Profiti Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold
9/12/2019	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral

(Data available from 9/8/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NEM Price Target - Frequently Asked Questions

What is Newmont's consensus rating and price target?: According to the issued ratings of 16 analysts in the last year, the consensus rating for Newmont stock is Hold based on the current 10 hold ratings and 6 buy ratings for NEM. The average twelve-month price prediction for Newmont is $69.85 with a high price target of $115.00 and a low price target of $50.00. Learn more on NEM's analyst rating history.
Do Wall Street analysts like Newmont more than its competitors?: Analysts like Newmont less than other Basic Materials companies. The consensus rating for Newmont is Hold while the average consensus rating for basic materials companies is Buy. Learn more on how NEM compares to other companies.
Do MarketBeat users like Newmont more than its competitors?: MarketBeat users like Newmont more than other Basic Materials companies. 64.51% of MarketBeat users gave Newmont an outperform vote while basic materials companies recieve an average of 63.11% outperform votes by MarketBeat users.

Is Newmont being upgraded by Wall Street analysts?: Over the previous 90 days, Newmont's stock had 4 upgrades by analysts.
Does Newmont's stock price have much upside?: According to analysts, Newmont's stock has a predicted upside of 18.84% based on their 12-month price targets.
What analysts cover Newmont?: Newmont has been rated by Barclays, Canaccord Genuity Group, Canaccord Genuity Group, National Bank Financial, Raymond James, TD Securities, and UBS Group in the past 90 days.

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This page (NYSE:NEM) was last updated on 9/8/2022 by MarketBeat.com Staff

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