Harmony Gold Mining Company Limited (NYSE:HMY) was downgraded by investment analysts at Bank of America Corporation from a “buy” rating to a “neutral” rating in a research report issued on Friday.

Other analysts also recently issued research reports about the stock. BidaskClub raised shares of Harmony Gold Mining Company Limited from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Deutsche Bank AG raised shares of Harmony Gold Mining Company Limited from a “sell” rating to a “hold” rating in a report on Friday, August 18th. Finally, ValuEngine raised shares of Harmony Gold Mining Company Limited from a “hold” rating to a “buy” rating in a report on Thursday, September 7th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold”.

Harmony Gold Mining Company Limited (NYSE HMY) opened at 1.66 on Friday. The firm has a market cap of $728.24 million, a price-to-earnings ratio of 27.21 and a beta of -1.97. Harmony Gold Mining Company Limited has a 12 month low of $1.56 and a 12 month high of $3.51. The stock’s 50 day moving average is $1.91 and its 200-day moving average is $1.97.

ILLEGAL ACTIVITY WARNING: “Harmony Gold Mining Company Limited (HMY) Rating Lowered to Neutral at Bank of America Corporation” was originally posted by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another domain, it was copied illegally and republished in violation of international copyright & trademark laws. The correct version of this article can be read at https://www.dailypolitical.com/2017/10/22/harmony-gold-mining-company-limited-hmy-rating-lowered-to-neutral-at-bank-of-america-corporation.html.

Several large investors have recently modified their holdings of HMY. Cetera Investment Advisers acquired a new position in shares of Harmony Gold Mining Company Limited in the 2nd quarter valued at approximately $103,000. JPMorgan Chase & Co. acquired a new position in shares of Harmony Gold Mining Company Limited in the 2nd quarter valued at approximately $128,000. Aperio Group LLC raised its position in shares of Harmony Gold Mining Company Limited by 31.6% in the 2nd quarter. Aperio Group LLC now owns 109,705 shares of the mining company’s stock valued at $181,000 after buying an additional 26,360 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Harmony Gold Mining Company Limited by 5,636.3% in the 1st quarter. Tower Research Capital LLC TRC now owns 77,670 shares of the mining company’s stock valued at $191,000 after buying an additional 76,316 shares in the last quarter. Finally, Two Sigma Securities LLC raised its position in shares of Harmony Gold Mining Company Limited by 339.9% in the 1st quarter. Two Sigma Securities LLC now owns 79,208 shares of the mining company’s stock valued at $194,000 after buying an additional 61,202 shares in the last quarter. Institutional investors own 25.09% of the company’s stock.

About Harmony Gold Mining Company Limited

Harmony Gold Mining Company Limited, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company’s segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3.

Analyst Recommendations for Harmony Gold Mining Company Limited (NYSE:HMY)

Receive News & Ratings for Harmony Gold Mining Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harmony Gold Mining Company Limited and related companies with MarketBeat.com's FREE daily email newsletter.