Harmony Gold Mining Co. Given Neutral Rating at Zacks (HMY)
Harmony Gold Mining Co. (NYSE:HMY)‘s stock had its “neutral” rating restated by Zacks in a research report issued on Tuesday. They currently have a $3.25 price target on the stock. Zacks‘s target price points to a potential upside of 6.91% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at HSBC downgraded shares of Harmony Gold Mining Co. from a “neutral” rating to an “underweight” rating in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $3.25.
Shares of Harmony Gold Mining Co. (NYSE:HMY) traded down 1.81% on Tuesday, hitting $2.985. The stock had a trading volume of 534,193 shares. Harmony Gold Mining Co. has a 1-year low of $2.35 and a 1-year high of $4.27. The stock has a 50-day moving average of $3.12 and a 200-day moving average of $3.09. The company’s market cap is $1.293 billion.
Harmony Gold Mining Company Limited is a gold-mining and exploration company. The Company has operations in South Africa and Papua New Guinea (NYSE:HMY).
To view Zacks’ full report, visit Zacks’ official website.
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