Scotiabank analyst Orest Wowkodaw maintains a Sell rating on Nexa Resources SA with a price target of $4.00, down from yesterday's close of $4.79. Wowkodaw has a 5-star rating on TipRanks with a 12.3% average return and 52.69% success rate. BMO Capital maintains a Hold rating on Nexa Resources SA. The company has a one-year high of $9.61 and a one-year low of $4.44.
Scotiabank analyst Orest Wowkodaw has revised his rating for Nexa Resources SA (NEXA, Financial) to a "Sell" position, with a new price target of $4.00. This marks a significant reduction from the previous target of $4.50, representing an 11.11% decrease. Wowkodaw maintains a 5-star rating on TipRanks, with a 12.3% average return and a 52.69% success rate.
BMO Capital, on the other hand, has maintained a "Hold" rating for Nexa Resources SA, with a price target of $5.00. The company's shares have seen a decline of 4.9%, currently trading around $4.76, with a market cap of $629.75 million and a PE ratio of -3.74.
Nexa Resources SA, a low-cost integrated zinc producer, operates through two segments: Mining and Smelting. The company's Mining segment consists of mineral exploration activities and the production of zinc concentrates, copper concentrates, and other metals. The Smelting segment involves the recovery and refining of zinc metal from feed materials.
The stock has experienced a year-to-date decline of 46.1%, with a one-year high of $9.61 and a one-year low of $4.44. Analysts have generally maintained a negative outlook on the stock, with three analysts issuing sell ratings and a consensus price target of $5.90.
Nexa Resources SA is expected to announce its Q2 2025 earnings results on Thursday, July 31st, with analysts predicting earnings of $0.17 per share.
References:
[1] https://www.gurufocus.com/news/3036488/nexa-stock-scotiabank-lowers-price-target-to-400-maintains-rating-nexa-stock-news
[2] https://www.ainvest.com/news/bmo-capital-maintains-hold-rating-nexa-resources-sa-5-00-price-target-2508/
[3] https://www.marketbeat.com/instant-alerts/nexa-resources-nexa-expected-to-announce-earnings-on-thursday-2025-07-31/
Comments
No comments yet