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Nexa Resources - NEXA Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $6.20
  • Forecasted Upside: -17.22%
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$7.49 As of 05/17/2024 01:00 AM ET
▲ +0.19 (2.60%)

This chart shows the closing price for NEXA by one month, three months, or twelve months.

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Analyst Price Target for NEXA

Analyst Price Target is $6.20
▼ -17.22% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Nexa Resources in the last 3 months. The average price target is $6.20, with a high forecast of $7.50 and a low forecast of $4.50. The average price target represents a -17.22% upside from the last price of $7.49.

This chart shows the closing price for NEXA for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 4 contributing investment analysts is to reduce stock in Nexa Resources. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/24/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
2/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/23/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/19/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
2/17/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/17/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/3/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$7.50 ➝ $7.00Low
4/9/2024ScotiabankBoost TargetSector Underperform ➝ Sector Underperform$4.50 ➝ $6.00Low
4/2/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$6.00 ➝ $6.50Low
3/26/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$7.00 ➝ $7.50Low
2/6/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$6.00 ➝ $7.00Low
11/1/2023ScotiabankDowngradeSector Perform ➝ Sector Underperform$5.00 ➝ $4.50Low
8/23/2023CitigroupLower TargetNeutral ➝ Neutral$7.00 ➝ $6.00Low
8/21/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$5.50 ➝ $6.50Low
6/21/2023Morgan StanleyLower Target$5.60 ➝ $4.50Low
5/1/2023500.comReiterated RatingMaintainsLow
3/29/2023Morgan StanleyDowngradeOverweight ➝ Underweight$6.00 ➝ $5.60Low
2/21/2023BMO Capital MarketsLower TargetMarket Perform$9.50 ➝ $8.00Low
2/17/2023CitigroupBoost TargetNeutral$5.00 ➝ $7.00Low
10/31/2022BMO Capital MarketsLower TargetMarket Perform$8.25 ➝ $8.00Low
9/16/2022Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
3/23/2022Morgan StanleyBoost Target$8.00 ➝ $9.80Low
10/29/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$10.10High
9/28/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$10.00 ➝ $8.90Medium
8/19/2021BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$13.50 ➝ $10.00Medium
6/9/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$14.00 ➝ $10.20High
4/16/2021Credit Suisse GroupUpgradeUnderperform ➝ Neutral$8.50 ➝ $11.00Medium
2/16/2021CitigroupDowngradeBuy ➝ Neutral$11.00Low
2/1/2021Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
12/7/2020Smith Barney CitigroupUpgradeNeutral ➝ BuyMedium
10/30/2020Bradesco CorretoraUpgradeUnderperform ➝ Neutral$7.00Low
7/7/2020CitigroupBoost TargetNeutral$4.50 ➝ $6.00High
6/22/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$6.50High
6/16/2020BMO Capital MarketsBoost TargetUnderperform$3.00 ➝ $3.10Medium
5/29/2020BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$2.80 ➝ $3.00High
5/14/2020CitigroupUpgradeSell ➝ Neutral$8.00 ➝ $4.50Medium
5/7/2020Credit Suisse GroupDowngradeNeutral ➝ UnderperformHigh
3/20/2020Bradesco CorretoraDowngradeOutperform ➝ Underperform$3.00High
12/24/2019BMO Capital MarketsLower TargetMarket Perform$10.00 ➝ $9.25Low
12/19/2019National Bank FinancialLower TargetSector Perform$14.50 ➝ $14.00High
12/16/2019CitigroupDowngradeNeutral ➝ Sell$9.50 ➝ $8.00High
11/18/2019National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
11/11/2019CIBCInitiated CoverageNeutralHigh
11/8/2019Morgan StanleyDowngradeOverweight ➝ Equal$11.00 ➝ $10.00Low
11/4/2019BMO Capital MarketsLower TargetMarket Perform$13.25 ➝ $11.25High
11/3/2019BMO Capital MarketsSet TargetHold$11.30Low
9/12/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral$12.50 ➝ $11.00Low
9/3/2019JPMorgan Chase & Co.Lower TargetOverweight$13.00 ➝ $12.00Low
8/5/2019BMO Capital MarketsLower TargetMarket Perform$15.50 ➝ $14.75High
7/22/2019Royal Bank of CanadaInitiated CoverageSector Perform ➝ Sector Perform$12.00 ➝ $12.00Medium
6/4/2019JPMorgan Chase & Co.Lower TargetOverweight$15.00 ➝ $13.00Medium
(Data available from 5/18/2019 forward)

News Sentiment Rating

0.59 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/18/2024

Current Sentiment

  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Nexa Resources logo
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits. The company owns and operates six polymetallic mines, including three located in the Central Andes of Peru; two located in the State of Minas Gerais in Brazil; and one located in the State of Mato Grosso in Brazil. It also owns and operates three zinc smelters comprising one located in Cajamarquilla in Peru; and two located in the State of Minas Gerais in Brazil, which recovers and produces metallic zinc, zinc oxide, and by-products, such as sulfuric acid. The company also exports its products. Its products are used in civil construction, transportation, energy, agriculture, health, and consumer goods industries. The company was formerly known as VM Holding S.A. and changed its name to Nexa Resources S.A. in September 2017. The company was founded in 1956 and is based in Luxembourg City, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.
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Today's Range

Now: $7.49
Low: $7.24
High: $7.50

50 Day Range

MA: $7.29
Low: $6.80
High: $7.51

52 Week Range

Now: $7.49
Low: $4.14
High: $7.62

Volume

25,263 shs

Average Volume

36,000 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Nexa Resources?

The following Wall Street sell-side analysts have issued reports on Nexa Resources in the last twelve months: BMO Capital Markets, Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley, and Scotiabank.
View the latest analyst ratings for NEXA.

What is the current price target for Nexa Resources?

5 Wall Street analysts have set twelve-month price targets for Nexa Resources in the last year. Their average twelve-month price target is $6.20, suggesting a possible downside of 17.2%. JPMorgan Chase & Co. has the highest price target set, predicting NEXA will reach $7.50 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $4.50 for Nexa Resources in the next year.
View the latest price targets for NEXA.

What is the current consensus analyst rating for Nexa Resources?

Nexa Resources currently has 1 sell rating and 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for NEXA.

What other companies compete with Nexa Resources?

Other companies that are similar to Nexa Resources include Lithium Americas, Ferroglobe, Lithium Americas (Argentina), New Gold and Metals Acquisition. Learn More about companies similar to Nexa Resources.

How do I contact Nexa Resources' investor relations team?

Nexa Resources' physical mailing address is 37A AVENUE J.F. KENNEDY, LUXEMBOURG N4, L-1855. The company's listed phone number is (522) 826-3727 and its investor relations email address is [email protected]. The official website for Nexa Resources is www.nexaresources.com. Learn More about contacing Nexa Resources investor relations.