What is Scotiabank's price target for NEM?

Scotiabank's latest stated price target for Newmont Corporation (NEM) is $114, from its action on Oct 23, 2025.

What is Scotiabank's rating on NEM?

Scotiabank rates NEM Sector Outperform, a bullish rating, as of Oct 23, 2025.

When did Scotiabank last change its view on NEM?

On Oct 23, 2025, Scotiabank upgrades to Sector Outperform from Sector Perform, price target $114.

Scotiabank NEM price target and rating history

Newmont Corporation (NEM) · Basic Materials

Scotiabank rates Newmont Corporation (NEM) Sector Outperform with a $114 price target, as of its latest action on Oct 23, 2025. It has published 5 rating actions on NEM since January 2022, including 2 upgrades and 3 downgrades. Across 6 firms with a NEM price target in the last 12 months, the median target is $131.50.

Current rating: Sector Outperform
Price target: $114
Median target, all firms: $131.50
Actions on NEM: 5

Scotiabank price target on NEM

Scotiabank price target on NEM, each point a stated target, January 2022 to October 2025.

Every Scotiabank rating on NEM

Oct 23, 2025
UpgradeScotiabank upgrades to Sector Outperform from Sector Perform, price target $114
Oct 25, 2024
DowngradeScotiabank downgrades to Sector Perform from Sector Outperform
Aug 19, 2024
UpgradeScotiabank upgrades to Sector Outperform from Sector Perform, price target $48 to $59
Jan 24, 2022
DowngradeScotiabank downgrades to Sector Perform from Sector Outperform
Jan 24, 2022
DowngradeScotiabank downgrades to Sector Perform from Sector Outperform, price target $75 to $72

How other firms rate NEM

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
TD Cowen	Buy	$127	Jul 14, 2026
Barclays	Overweight	$133	May 22, 2026
National Bank Financial	Sector Perform	$130	Apr 17, 2026
Bernstein	Outperform	$157	Feb 27, 2026
BMO Capital Markets	Outperform	$140	Feb 20, 2026
BNP Paribas Exane	Neutral	$97	Dec 5, 2025

Questions about Scotiabank and NEM

What is Scotiabank's price target for NEM?: Scotiabank's latest stated price target for Newmont Corporation (NEM) is $114, from its action on Oct 23, 2025.
What is Scotiabank's rating on NEM?: Scotiabank rates NEM Sector Outperform, a bullish rating, as of Oct 23, 2025.
When did Scotiabank last change its view on NEM?: On Oct 23, 2025, Scotiabank upgrades to Sector Outperform from Sector Perform, price target $114.
How does Scotiabank's NEM target compare with other analysts?: Across 6 firms with a NEM price target in the last 12 months, the median target is $131.50.

More NEM rating histories

All Scotiabank ratings NEM news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.