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Newmont (NYSE:NEM) Stock Price Up 3.9% – Should You Buy?
['Mitch Edgeman']
Markets Daily
Argus lifted their target price on shares of Newmont from $75.00 to $94.00 in a report on Friday, November 21st.
Six investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company’s stock.
According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $105.88.
The stock has a 50 day moving average price of $102.15 and a 200-day moving average price of $85.90.
Following the sale, the director directly owned 32,709 shares of the company’s stock, valued at approximately $3,021,003.24.