On July 17, 2025, Harmony Gold Mining Co (HMY, Financial) received fresh coverage from BMO Capital, marking a significant development for the company. Renowned analyst Raj Ray has initiated coverage on HMY with a rating of "Market Perform."
In tandem with the new coverage, BMO Capital has announced a price target for Harmony Gold Mining Co (HMY, Financial), setting it at $16.00 USD. This marks the initial price target as there was no prior target specified.
The coverage initiation and price target announcement from Raj Ray of BMO Capital reflect a strategic analysis of Harmony Gold Mining Co's (HMY, Financial) market position. The "Market Perform" rating suggests expectations for the stock to perform in line with the market average.
Investors in Harmony Gold Mining Co (HMY, Financial) may find this new analyst input valuable as they consider their investment strategies. The $16.00 USD price target serves as a new benchmark for valuation considerations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Harmony Gold Mining Co Ltd (HMY, Financial) is $15.84 with a high estimate of $16.19 and a low estimate of $15.50. The average target implies an upside of 12.28% from the current price of $14.11. More detailed estimate data can be found on the Harmony Gold Mining Co Ltd (HMY) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Harmony Gold Mining Co Ltd's (HMY, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Harmony Gold Mining Co Ltd (HMY, Financial) in one year is $7.97, suggesting a downside of 43.52% from the current price of $14.11. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Harmony Gold Mining Co Ltd (HMY) Summary page.
