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Morgan Stanley Sticks to Their Buy Rating for Newcrest Mining Limited (NCMGF)

The company’s shares closed last Friday at $20.17.

According to TipRanks.com, Anand is a 4-star analyst with an average return of 14.1% and a 59.3% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Sandfire Resources Limited, and Fortescue Metals Group Ltd.

Currently, the analyst consensus on Newcrest Mining Limited is a Moderate Buy with an average price target of $22.04.

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Newcrest Mining Ltd. engages in the exploration, development, and operations of mines. It operates through the following segments: Cadia, Telfet, Lihir, Gosowong, Bonikro, Hidden Valley, and Exploration and Others. The company was founded in 1990 and is headquartered in Melbourne, Australia.

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