Perpetual Ltd, J. Safra Sarasin Holding AG, Royal Fund Management LLC, and other top investment firms have been actively buying Newmont Corporation (NEM) stocks, a clear sign of investor trust in the company. The corporation also caught the attention of foreign investing firms like
Generate Investment Management Ltd and AIA Group Ltd who also recently bought shares.
JPMorgan has assumed coverage of
Newmont's stocks with an
overweight rating, predicting
strong production growth for the company through 2029.
Citi also raised its price target, backing its strong performance.
Despite the market's fluctuations, NEM maintained its strength in the market and even
outperformed the broader market. The company's
earnings are expected to grow, and their
upcoming Q1 results are awaited with interest by the investing community.
Several price target adjustments were noted by JPMorgan, Citi, and BMO Capital.
Newmont today stands as a
top value stock for the long term, underpinned by its
low-risk gold business model. However, with every rise and fall, the question remains whether to
buy the dip in Newmont stocks.
Newmont Corporation NEM News Analytics from Thu, 16 Oct 2025 07:00:00 GMT to Sat, 04 Apr 2026 18:08:15 GMT -
Rating 7
- Innovation 6
- Information 6
- Rumor 2
