Analyst Price Target is $8.90
▲ +19.46% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Nexa Resources in the last 3 months. The average price target is $8.90, with a high forecast of $9.80 and a low forecast of $8.00. The average price target represents a 19.46% upside from the last price of $7.45.
Current Consensus is
Buy
The current consensus among 2 investment analysts is to buy stock in Nexa Resources. This rating has held steady since April 2022, when it changed from a Hold consensus rating.
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business. The company also produces zinc, silver, gold, copper cement, lead, sulfuric acid, sulfur dioxide, copper sulfate, and limestone deposits. It owns and operates five underground polymetallic mines, including three located in the Central Andes of Peru; and two located in the State of Minas Gerais in Brazil. The company also develops the Aripuanã project located in Mato Grosso, Brazil. It exports its products. 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, Luxembourg. Nexa Resources S.A. is a subsidiary of Votorantim S.A.
Read More