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

Tuesday, 12 July 2016

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)  and Gold Fields Limited (ADR) , while downgrading DRDGOLD Ltd. (ADR) .

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

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.

Latest Ratings for DRD


Date   Firm   Action   From   To
Jul 2016   JP Morgan   Downgrades   Neutral   Underweight
Sep 2015   JP Morgan   Downgrades       Neutral
May 2015   JP Morgan   Upgrades   Neutral   Overweight


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