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Glistening Gold: JPMorgan Upgrades Harmony Gold, Gold Fields; Downgrades DRDGOLD

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Glistening Gold: JPMorgan Upgrades Harmony Gold, Gold Fields; Downgrades DRDGOLD

JPMorgan has revised ratings of three South African-based gold companies. The brokerage upgraded Harmony Gold Mining Co. (ADR) (NYSE: HMY) and Gold Fields Limited (ADR) (NYSE: GFI), while downgrading DRDGOLD Ltd. (ADR) (NYSE: DRD).

The brokerage has upgraded Harmony Gold Mining Co to Overweight and Gold Fields to Neutral. On the other hand, it downgraded DRDGold to Underweight.

Related Link: Macquarie Upgrades Harmony Gold Mining Co To Neutral

At Time Of Writing...

  • Harmony Gold ADRs were down 0.88 percent to $4.48, while analysts have a mean price target of $4.39.
  • Gold Fields were flat at $5.77. Analysts' mean target was $5.05.
  • DRDGold fell 4.88 percent to $8.39, while analysts' mean target was $5.67.

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Latest Ratings for DRD

DateFirmActionFromTo
Sep 2019Initiates Coverage OnBuy
Mar 2019Initiates Coverage OnOutperform
Aug 2016DowngradesBuyHold

View More Analyst Ratings for DRD
View the Latest Analyst Ratings

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