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Bank of America Securities Keeps Their Hold Rating on Harmony Gold Mining Co (HGMCF)

Tipranks - Tipranks - Thu Feb 26, 4:52AM CST

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 $22.19.

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According to TipRanks, van der Walt is a 4-star analyst with an average return of 38.4% and an 80.00% success rate. van der Walt covers the Basic Materials sector, focusing on stocks such as Gold Fields, Harmony Gold Mining Co, and Sibanye Stillwater.

Currently, the analyst consensus on Harmony Gold Mining Co is a Hold with an average price target of $22.19.

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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

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