BMO Capital Reiterates Market Perform Rating, $110 PT for Harmony Gold Mining
In a report issued earlier today, BMO Capital Markets reiterated its Market Perform rating and $110 price target for Harmony Gold Mining (NASDAQ: HMY).
BMO Capital said in the report “The highly prospective Wafi-Golpu project provides long-term upside and international diversification potential, but cost escalation and safety in South Africa may continue to present challenges.”
Harmony Gold Mining closed on Friday at $81.11.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.