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Analyst Rating: Will Harmony Gold Mining Co. (HMY) Stock Outperform the Market?

Tuesday, June 21, 2022 10:51 AM | InvestorsObserver Analysts

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Analyst Rating: Will Harmony Gold Mining Co. (HMY) Stock Outperform the Market?

Wall Street is neutral on Harmony Gold Mining Co. (HMY). On average, analysts give HMY a Hold rating. The average price target is $3.65, which means analysts expect the stock to rise by 7.35% over the next twelve months. That average ranking earns HMY an Analyst Rating of 2, which is better than 2% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.5
Wall Street analysts are rating HMY a Hold today. Find out what this means to you and get the rest of the rankings on HMY!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Harmony Gold Mining Co. Stock Today?

Harmony Gold Mining Co. (HMY) stock is trading at $3.40 as of 10:50 AM on Tuesday, Jun 21, a gain of $0.04, or 1.19% from the previous closing price of $3.36. The stock has traded between $3.31 and $3.44 so far today. Volume today is light. So far 1,106,670 shares have traded compared to average volume of 6,205,230 shares. Click Here to get the full Stock Report for Harmony Gold Mining Co. stock.

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