Nexa Resources SA Receives Hold Rating from Citi with $5.50 Price Target

Citi analyst maintains a Hold rating on Nexa Resources SA with a price target of $5.50. The company's shares closed last Friday at $5.00. The word on the Street suggests a Hold analyst consensus rating with a $6.20 average price target, a 24.00% upside from current levels. Nexa Resources SA reported a quarterly revenue of $627.12 million and a net profit of $11.85 million for Q1.