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Nexa Resources SA (NEXA) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Tue Jan 13, 8:00PM CST

In a report released on January 9, Sam Crittenden from RBC Capital maintained a Hold rating on Nexa Resources SA, with a price target of $10.00.

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Crittenden covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals, Freeport-McMoRan, and Lundin Mining. According to TipRanks, Crittenden has an average return of 29.4% and a 68.12% success rate on recommended stocks.

In a report released on December 27, TipRanks – Google also reiterated a Hold rating on the stock with a $7.50 price target.

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Based on Nexa Resources SA’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $751.6 million and a net profit of $69.34 million. In comparison, last year the company earned a revenue of $709.48 million and had a GAAP net loss of $5.15 million

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