Analyst Stance On Two Stocks: Harmony Gold Mining Company Limited (HMY), KB Home (KBH)

The recently concluded session had traders exchanging Harmony Gold Mining Company Limited (NYSE:HMY) high level. Roughly 4.92 million shares changed hands compared to the three-month volume average 4.46 million shares. The first trade took place at $1.56 and the stock went down -0.63% to attain the closing price of $1.58.

Harmony Gold Mining Company Limited (HMY) Analyst Opinion

Harmony Gold Mining Company Limited has a consensus hold rating from 3 Wall Street analysts, and the number of shares currently sold short amount to at least 0.99% of shares outstanding. The stock sank -17.71% last month and is down -15.51 this year. Wall Street is only getting neutral on the stock, with 1 of analysts who cover HMY having a buy-equivalent rating. Analysts have placed a $2.32 price target on Harmony Gold Mining Company Limited, suggesting a 46.84% gain from recent close. It’s currently trading about -37.55% below its 52-week high.

Harmony Gold Mining Company Limited (NYSE:HMY) Intraday View

This stock (HMY) is ahead of its 52-week low with 1.28%. Its last month’s stock price volatility remained 3.42% which for the week stands at 3.13%. The share price has moved backward from its 20 days moving average, trading at a distance of -8.51% and stays -19% away from its 50 days moving average. Over the last five days, shares have faced -3.66% losses and now is down -17.47% since hitting its 200-day moving average of $1.94. Harmony Gold Mining Company Limited (HMY) has made its way to a 12-month decline of -16.84%.

Turning to KB Home (NYSE:KBH), its shares were trading at $28.33 a gain of $0.66, on the trading floor. The stock, after opening at $27.68, touched a high of $28.335 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3.3. KB Home has 1 buy ratings, 13 holds and 2 sells even after the stock tumbled -26.98% from its high of $38.80 to a $2.42 billion market value through last close.

KB Home (KBH) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 3.3 to 3.3 during a month. Analysts set a 12-month price target of $32.03 a share. The target implies a 13.06% spike from where the shares are currently trading. Also, the current price highlights a discount of 27.07% to analysts’ high consensus price target.

KB Home (NYSE:KBH) Intraday Trading

The counter witnessed a trading volume of 1.04 million shares versus an average volume of 1.75 million shares during last trading session. Its last month’s stock price volatility remained 2.97% which for the week approaches 2.8%. The lowest price the stock reached in the last trading day was $27.66 and compares with the $20.68 52-week low. The stock recovered 36.99% since its low point and has performed -11.33% year-to-date.

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