In the latest update, Nexa Resources (NEXA, Financial) has seen a shift in its price target from a prominent financial institution. Scotiabank's analyst, Orest Wowkodaw, has maintained the stock's rating at "Sector Underperform" but has raised the target price.
Previously, the target price for Nexa Resources (NEXA, Financial) stood at $4.50 USD. As of May 14, 2025, the revised target price is now $5.00 USD, marking an increase of 11.11%. This adjustment indicates a positive outlook on the financial valuation while maintaining caution with the existing rating.
The rating and target price adjustments provide investors with critical insights into Nexa Resources' (NEXA, Financial) performance and expected financial trajectory in the current market landscape. Analysts and stakeholders will be closely monitoring future developments and their potential impact on the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Nexa Resources SA (NEXA, Financial) is $6.52 with a high estimate of $8.39 and a low estimate of $4.50. The average target implies an upside of 21.19% from the current price of $5.38. More detailed estimate data can be found on the Nexa Resources SA (NEXA) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Nexa Resources SA's (NEXA, Financial) average brokerage recommendation is currently 3.3, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nexa Resources SA (NEXA, Financial) in one year is $6.03, suggesting a upside of 12.08% from the current price of $5.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nexa Resources SA (NEXA) Summary page.
