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Morgan Stanley Analyst Reiterates Buy Rating on Newcrest Mining Limited, NCMGF Stock

by Staff Editor
Nov 29, 2022
in Minerals Analysts 
Alert on NCMGF stock:  Our scanners at MiningandMetalMovers.com have found the following information on NCMGF stock with the help of Tipranks.com... 

Rahul Anand
analyst at Morgan Stanley reiterates coverage on Newcrest Mining Limited (NCMGF) in the mining and metal stock sector with a Buy rating. TipRanks.com has Anand rated as a 4.6 star analyst with a 52% return on investment and a 12.3% success rate. Anand has set a price target of $ 15.33.

TipRanks.com reports that Newcrest Mining Limited stock currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $15.49. The target pricing ranges from a high forecast of $21.33 down to a low forecast of $12.27. Newcrest Mining Limited (NCMGF) stock's last closing price was $13.06 which would put the average price target at 18.61% upside.

In addition, Barchart.com has a Weak sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on NCMGF's stock.

Other analysts covering NCMGF stock include:
  • Al Harvey of J.P. Morgan issued a Buy rating with the price target of $ 14.67 on 2 weeks ago
  • Unknown Analyst of Ord Minnett issued a Buy rating with the price target of $ 14.67 on 2 weeks ago
  • Hayden Bairstow of Macquarie issued a Buy rating with the price target of $ 15.33 on 2 weeks ago
  • Kate McCutcheon of Citigroup issued a Buy rating with the price target of $ 14 on 2 weeks ago

Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. 

TipRanks.com tracks and measures the performance of over 50,000 financial experts.

The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance.

Get more from TipRanks.com here >>
 
When an analyst reiterates coverage on NCMGF's stock, we will let you know.  Please make sure you subscribe to our email newsletter to get timely alerts. Join thousands of other investors, you can always unsubscribe.

MiningAndMetalMovers.com keeps investors informed of the top moving stocks within the mining and metal sector. We provide investors with timely information regarding top moving stocks in the health tech sector sourced from our proprietary stocks screens, partner stock analysts and breaking news that identify and monitor stocks that are on the move. Join thousands of investors who already signed up for our free subscription to MiningAndMetalMovers.com.

Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.    
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Tags: Basic Materials stock watchlist Basic Materials stocks Basic Materials stock movers mining stocks metals stocks 

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