Morgan Stanley Analyst Reiterates Buy Rating on Newcrest Mining Limited, NCMGF Stock
Alert on NCMGF:
The scanners at MiningandMetalMovers.com,
with the help of Tipranks.com,
found the following stock rating has recently occurred regarding this top mining and metals stock. MiningandMetalMovers.com keeps investors informed of trending mining and metal stocks.
analyst at Morgan Stanley
reiterates coverage on Newcrest Mining Limited (NCMGF) stock
in the Basic Materials
sector with a Buy rating
rated as a 4.6
star analyst with a 53%
return on investment and a 12.4%
success rate. Anand
has set a price target of $ 15.39.
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 for NCMGF's stock is $15.55.
The target pricing ranges from a high forecast of $21.41
down to a low forecast of $12.31. Newcrest Mining Limited (NCMGF)
’s stock last closing price was $13.23
which would put the average price target at 17.54%
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 stock. Click here for the full story on NCMGF stock >>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 >>
This article was pulled from miningandmetalmovers.com as they are an authority in the Mining and Metals Stock Sector. MiningandMetalMovers.com keeps investors informed of trending mining and metal stocks.
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