Discussion stirs around Harmony Gold Mining Company Limited (NYSE:HMY) this week; here is what analysts are saying.

January 21, 2018 - By Max Morgan

 Discussion stirs around Harmony Gold Mining Company Limited (NYSE:HMY) this week; here is what analysts are saying.

Harmony Gold Mining Company Limited (NYSE:HMY) Ratings Coverage

Among 7 analysts covering Harmony Gold Mining (NYSE:HMY), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Harmony Gold Mining had 12 analyst reports since August 20, 2015 according to SRatingsIntel. The company was upgraded on Friday, July 1 by Macquarie Research. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) earned “Sell” rating by Zacks on Wednesday, August 26. JP Morgan downgraded the stock to “Neutral” rating in Monday, September 14 report. The rating was downgraded by Macquarie Research on Tuesday, March 15 to “Underperform”. The company was downgraded on Friday, November 11 by Citigroup. The company was downgraded on Thursday, August 20 by Zacks. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) has “Hold” rating given on Thursday, November 30 by Deutsche Bank. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) earned “Neutral” rating by Bank of America on Friday, October 20. Morgan Stanley upgraded Harmony Gold Mining Company Limited (NYSE:HMY) on Friday, November 11 to “Equal-Weight” rating. HSBC downgraded the shares of HMY in report on Friday, November 11 to “Hold” rating. Below is a list of Harmony Gold Mining Company Limited (NYSE:HMY) latest ratings and price target changes.

30/11/2017 Broker: Deutsche Bank Rating: Hold Upgrade
20/10/2017 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
13/10/2017 Broker: Deutsche Bank Rating: Sell Downgrade

The stock increased 2.37% or $0.04 during the last trading session, reaching $1.73. About 3.15 million shares traded or 19.94% up from the average. Harmony Gold Mining Company Limited (NYSE:HMY) has declined 31.33% since January 21, 2017 and is downtrending. It has underperformed by 48.03% the S&P500.

Harmony Gold Mining Company Limited engages in the exploration and mining of gold in South Africa and Papua New Guinea. The company has market cap of $685.58 million. The firm also explores for copper and silver deposits. It has a 27.03 P/E ratio. It has nine underground operations; an open-pit mine; and various other surface activities in South Africa.

More notable recent Harmony Gold Mining Company Limited (NYSE:HMY) news were published by: Prnewswire.com which released: “Harmony Gold Mining Company Limited to present at the dbVIC – Deutsche Bank …” on November 14, 2017, also Benzinga.com with their article: “Glistening Gold: JPMorgan Upgrades Harmony Gold, Gold Fields; Downgrades DRDGOLD” published on July 12, 2016, Foxbusiness.com published: “ADRs End Mixed; LightInTheBox Opens Blockchain Lab” on January 18, 2018. More interesting news about Harmony Gold Mining Company Limited (NYSE:HMY) were released by: Prnewswire.com and their article: “Harmony Gold Mining Company Limited webcast presentation now available for on …” published on November 20, 2017 as well as Quotes.Wsj.com‘s news article titled: “Harmony Gold Mining Co. Ltd. ADR” with publication date: February 11, 2011.

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