What is Wall Street’s Target Price for Harmony Gold Mining Co. (HMY) Stock Wednesday? – InvestorsObserver

InvestorsObserver is giving Harmony Gold Mining Co. (HMY) an Analyst Rating Rank of 2, meaning HMY is ranked higher by analysts than 2% of stocks. The average price target for HMY is $3.4 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating HMY a Hold today. Find out what this means to you and get the rest of the rankings on HMY!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What’s Happening With Harmony Gold Mining Co. Stock Today?

Harmony Gold Mining Co. (HMY) stock has fallen -3.77% while the S&P 500 is up 0.65% as of 11:01 AM on Wednesday, Sep 29. HMY is lower by -$0.12 from the previous closing price of $3.19 on volume of 2,147,790 shares. Over the past year the S&P 500 has risen 31.34% while HMY is lower by -43.36%. HMY earned $0.60 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.14. Click Here to get the full Stock Report for Harmony Gold Mining Co. stock.