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BMO Capital Keeps Their Hold Rating on Nexa Resources SA (NEXA)

Tipranks - Tipranks - Thu Apr 23, 7:06AM CDT

In a report released today, Matt Murphy from BMO Capital maintained a Hold rating on Nexa Resources SA, with a price target of $15.00.

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According to TipRanks, Murphy is a top 100 analyst with an average return of 37.1% and a 75.19% success rate. Murphy covers the Basic Materials sector, focusing on stocks such as Franco-Nevada, Hudbay Minerals, and Nexa Resources SA.

In a report released on April 14, Citi also maintained a Hold rating on the stock with a $12.50 price target.

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Based on Nexa Resources SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $895.99 million and a net profit of $50.35 million. In comparison, last year the company earned a revenue of $740.92 million and had a GAAP net loss of $98.5 million

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