$7.33
0[0.00%]
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Nexa Res Stock (NYSE:NEXA), Analyst Ratings, Price Targets, Predictions
Nexa Resources SA has a consensus price target of $6.1, established from looking at the 18 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, BMO Capital, and JP Morgan on April 9, 2024, April 2, 2024, and March 26, 2024. With an average price target of $6.67 between Scotiabank, BMO Capital, and JP Morgan, there's an implied -9.05% downside for Nexa Resources SA from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
BMO Capital
JP Morgan
Citigroup
Morgan Stanley
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Nexa Res
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/09/2024 | NEXA | Buy Now | Nexa Res | $7.33 | -18.14% | Scotiabank | Orest Wowkodaw | $4.5 → $6 | Maintains | Sector Underperform | Get Alert |
| 04/02/2024 | NEXA | Buy Now | Nexa Res | $7.33 | -11.32% | BMO Capital | Jackie Przybylowski | $6 → $6.5 | Maintains | Market Perform | Get Alert |
| 03/26/2024 | NEXA | Buy Now | Nexa Res | $7.33 | 2.32% | JP Morgan | Rodolfo Angele | $7 → $7.5 | Maintains | Neutral | Get Alert |
| 02/06/2024 | NEXA | Buy Now | Nexa Res | $7.33 | -4.5% | JP Morgan | Rodolfo Angele | $6 → $7 | Maintains | Neutral | Get Alert |
| 11/02/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -38.61% | Scotiabank | Orest Wowkodaw | $5 → $4.5 | Downgrade | Sector Perform → Sector Underperform | Get Alert |
| 11/01/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -38.61% | Scotiabank | Orest Wowkodaw | $5 → $4.5 | Downgrade | Sector Perform → Sector Underperform | Get Alert |
| 08/23/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -18.14% | Citigroup | Alexander Hacking | $7 → $6 | Maintains | Neutral | Get Alert |
| 08/21/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -11.32% | JP Morgan | Rodolfo Angele | $5.5 → $6.5 | Maintains | Neutral | Get Alert |
| 06/22/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -38.61% | Morgan Stanley | Carlos De Alba | $5.6 → $4.5 | Maintains | Underweight | Get Alert |
| 05/01/2023 | NEXA | Buy Now | Nexa Res | $7.33 | 22.78% | BMO Capital | Jackie Przybylowski | $10 → $9 | Maintains | Market Perform | Get Alert |
| 03/30/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -23.6% | Morgan Stanley | Carlos De Alba | $6 → $5.6 | Downgrade | Overweight → Underweight | Get Alert |
| 02/21/2023 | NEXA | Buy Now | Nexa Res | $7.33 | 9.14% | BMO Capital | Jackie Przybylowski | $9.5 → $8 | Maintains | Market Perform | Get Alert |
| 02/17/2023 | NEXA | Buy Now | Nexa Res | $7.33 | -4.5% | Citigroup | Alexander Hacking | $5 → $7 | Maintains | Neutral | Get Alert |
| 10/31/2022 | NEXA | Buy Now | Nexa Res | $7.33 | 9.14% | BMO Capital | Jackie Przybylowski | $8.25 → $8 | Maintains | Market Perform | Get Alert |
| 09/16/2022 | NEXA | Buy Now | Nexa Res | $7.33 | -9.96% | Morgan Stanley | Carlos De Alba | $7.2 → $6.6 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 09/29/2021 | NEXA | Buy Now | Nexa Resources | $7.33 | 21.42% | Morgan Stanley | Carlos De Alba | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 08/19/2021 | NEXA | Buy Now | Nexa Resources | $7.33 | 36.43% | BMO Capital | Jackie Przybylowski | — | Upgrade | Underperform → Market Perform | Get Alert |
| 06/09/2021 | NEXA | Buy Now | Nexa Resources | $7.33 | 39.15% | Morgan Stanley | Carlos De Alba | — | Downgrade | Overweight → Equal-Weight | Get Alert |
FAQ
What is the target price for Nexa Res (NEXA)?
The latest price target for Nexa Res (NYSE: NEXA) was reported by Scotiabank on April 9, 2024. The analyst firm set a price target for $6.00 expecting NEXA to fall to within 12 months (a possible -18.14% downside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Nexa Res (NEXA)?
The latest analyst rating for Nexa Res (NYSE: NEXA) was provided by Scotiabank, and Nexa Res maintained their sector underperform rating.
When was the last upgrade for Nexa Res (NEXA)?
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.
When was the last downgrade for Nexa Res (NEXA)?
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.
When is the next analyst rating going to be posted or updated for Nexa Res (NEXA)?
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 April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
Is the Analyst Rating Nexa Res (NEXA) correct?
While ratings are subjective and will change, the latest Nexa Res (NEXA) rating was a maintained with a price target of $4.50 to $6.00. The current price Nexa Res (NEXA) is trading at is $7.33, which is out of the analyst’s predicted range.
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