Citi upgrades Newcrest Mining to Buy

  • Investing.com
Citi upgrades Newcrest Mining to Buy

A Citi analyst upgraded Newcrest Mining (ASX: NCM) from Neutral to Buy with a price target of $31.22 from a prior price target of AUD26.80.

Prior to this rating, Newcrest Mining had 4 buy ratings, 8 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on Newcrest Mining, click here. For more news on Newcrest Mining, click here.

Newcrest Mining's stock price closed at $29.740. They are up 23.81% in the last month and up 6.750% in the last 12 months.

According to Investing Pro, Newcrest Mining's fair value is $30.829, an upside of 9.012%. Newcrest Mining's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Newcrest Mining's recent earnings performance and financials here.

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