Should You Buy Harmony Gold Mining Company Ltd (HMY) Today? Analysis, Price Targets, and 2026 Outlook.
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Growth
Profitability
Efficiency
Wall Street analysts forecast HMY stock price to rise
1 Analyst Rating
Wall Street analysts forecast HMY stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 17.590
Low
20.5
Averages
20.5
High
20.5
Current: 17.590
Low
20.5
Averages
20.5
High
20.5
Morgan Stanley
Christopher Nicholson
Equal Weight
to
Overweight
upgrade
AI Analysis
2026-04-15
Reason
Morgan Stanley
Christopher Nicholson
Price Target
AI Analysis
2026-04-15
upgrade
Equal Weight
to
Overweight
Reason
Morgan Stanley analyst Christopher Nicholson upgraded Harmony Gold to Overweight from Equal Weight with a price target of ZAR 34,000, up from ZAR 30,000. The firm is raising its earnings estimates and price targets across its gold coverage due primarily to its higher gold price forecast, the analyst tells investors in a research note. . Harmony has also has underperformed a range of global peers over the past 15 months, including South Africa peers, offering a valuation buffer, the firm added.
Morgan Stanley
Underweight -> Equal Weight
upgrade
2026-01-22
Reason
Morgan Stanley
Price Target
2026-01-22
upgrade
Underweight -> Equal Weight
Reason
Morgan Stanley upgraded Harmony Gold to Equal Weight from Underweight with a price target of ZAR 330, up from ZAR 265. The firm cites valuation for the upgrade following the stock's underperformance over the past year. In addition, Harmony's key event risk of updated Eva capital guidance is now in the market, the analyst tells investors in a research note.
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