Latest news with #NewmontCorporationCHESS
Business Insider
03-07-2025
- Business
- Business Insider
Newmont Corporation CHESS (NEM) Receives a Buy from UBS
In a report released today, Levi Spry from UBS maintained a Buy rating on Newmont Corporation CHESS, with a price target of A$105.00. The company's shares opened today at A$90.93. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Spry covers the Basic Materials sector, focusing on stocks such as Perseus Mining , Northern Star Resources Ltd, and Regis Resources Limited. According to TipRanks, Spry has an average return of 11.4% and a 65.89% success rate on recommended stocks. Currently, the analyst consensus on Newmont Corporation CHESS is a Strong Buy with an average price target of A$85.53, a -5.94% downside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a A$96.80 price target. Based on Newmont Corporation CHESS' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of A$5.01 billion and a net profit of A$1.89 billion. In comparison, last year the company earned a revenue of A$4.02 billion and had a net profit of A$170 million
Business Insider
13-05-2025
- Business
- Business Insider
Goldman Sachs Reaffirms Their Buy Rating on Newmont Corporation CHESS (NEM)
Goldman Sachs analyst Hugo Nicolaci maintained a Buy rating on Newmont Corporation CHESS (NEM – Research Report) on May 9 and set a price target of A$93.40. The company's shares opened today at A$78.73. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Nicolaci is a 5-star analyst with an average return of 16.6% and a 63.86% success rate. Nicolaci covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals , IGO, and Regis Resources Limited. Currently, the analyst consensus on Newmont Corporation CHESS is a Strong Buy with an average price target of A$85.53, representing an 8.64% upside. In a report released on May 8, Morgans also maintained a Buy rating on the stock with a A$97.00 price target.
Business Insider
26-04-2025
- Business
- Business Insider
Newmont Corporation CHESS (NEM): New Buy Recommendation for This Basic Materials Giant
J.P. Morgan analyst Al Harvey maintained a Buy rating on Newmont Corporation CHESS (NEM – Research Report) on April 24 and set a price target of A$91.50. The company's shares closed last Thursday at A$85.20. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Harvey covers the Basic Materials sector, focusing on stocks such as Iluka Resources Limited, Pilbara Minerals Limited, and Lynas Rare Earths Limited. According to TipRanks, Harvey has an average return of 8.8% and a 59.85% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Newmont Corporation CHESS with a A$85.53 average price target, a 0.39% upside from current levels. In a report released on April 24, Citi also maintained a Buy rating on the stock with a A$95.00 price target. Based on Newmont Corporation CHESS' latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$5.65 billion and a net profit of A$1.4 billion. In comparison, last year the company earned a revenue of A$3.96 billion and had a GAAP net loss of A$3.16 billion
