CLSA downgrades Newcrest Mining to Underperform (4)

  • Investing.com
CLSA downgrades Newcrest Mining to Underperform (4)

A CLSA analyst downgraded Newcrest Mining (ASX: NCM) from Outperform (2) to Underperform (4) with a price target of $30.00 from a prior price target of AUD29.00.

Prior to this rating, Newcrest Mining had 4 buy ratings, 9 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 $29.660. They are up 19.89% in the last month and up 6.270% in the last 12 months.

According to Investing Pro, Newcrest Mining's fair value is $30.812, an upside of 3.605%. 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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