Harmony Gold Mining Co (HGMCF) Gets a Hold from Bank of America Securities
Bank of America Securities analyst Reinhardt van der Walt maintained a Hold rating on Harmony Gold Mining Co today and set a price target of R$330.00. The company’s shares closed last Thursday at $19.50.
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According to TipRanks, van der Walt is ranked #4838 out of 10036 analysts.
Harmony Gold Mining Co has an analyst consensus of Hold, with a price target consensus of $19.01.
Based on Harmony Gold Mining Co’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $36.76 billion and a net profit of $6.53 billion. In comparison, last year the company earned a revenue of $29.82 billion and had a net profit of $2.67 billion
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HGMCF in relation to earlier this year.
