Comments
Loading...

Nexa Res

NEXANYSE
Logo brought to you by Benzinga Data
$6.82
0.192.87%
At Close: -
$6.00
-0.82-12.02%
After Hours: Aug 30, 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$8.00
Lowest Price Target1
$6.00
Consensus Price Target1
$7.00

Nexa Res (NYSE:NEXA) Stock, Analyst Ratings, Price Targets, Forecasts

Nexa Resources SA has a consensus price target of $7 based on the ratings of 6 analysts. The high is $8 issued by B of A Securities on June 26, 2024. The low is $6 issued by Scotiabank on August 6, 2024. The 3 most-recent analyst ratings were released by Scotiabank, B of A Securities, and Morgan Stanley on August 6, 2024, June 26, 2024, and June 21, 2024, respectively. With an average price target of $7.17 between Scotiabank, B of A Securities, and Morgan Stanley, there's an implied 19.44% upside for Nexa Resources SA from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
1
Apr
1
May
2
Jun
0
0
0
0
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.4
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
B of A Securities
Morgan Stanley
BMO Capital
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Nexa Res

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Nexa Res (NEXA) stock?

A

The latest price target for Nexa Res (NYSE:NEXA) was reported by Scotiabank on August 6, 2024. The analyst firm set a price target for $6.00 expecting NEXA to fall to within 12 months (a possible 0.00% downside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nexa Res (NEXA)?

A

The latest analyst rating for Nexa Res (NYSE:NEXA) was provided by Scotiabank, and Nexa Res maintained their sector underperform rating.

Q

When was the last upgrade for Nexa Res (NEXA)?

A

The last upgrade for Nexa Resources SA happened on September 16, 2022 when Morgan Stanley raised their price target to $6.6. Morgan Stanley previously had an equal-weight for Nexa Resources SA.

Q

When was the last downgrade for Nexa Res (NEXA)?

A

The last downgrade for Nexa Resources SA happened on November 2, 2023 when Scotiabank changed their price target from $5 to $4.5 for Nexa Resources SA.

Q

When is the next analyst rating going to be posted or updated for Nexa Res (NEXA)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nexa Res, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nexa Res was filed on August 6, 2024 so you should expect the next rating to be made available sometime around August 6, 2025.

Q

Is the Analyst Rating Nexa Res (NEXA) correct?

A

While ratings are subjective and will change, the latest Nexa Res (NEXA) rating was a maintained with a price target of $7.00 to $6.00. The current price Nexa Res (NEXA) is trading at is $6.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch