Compania de Minas Buenaventura SAA (NYSE:BVN)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $13.85 and last traded at $13.29, with a volume of 771,721 shares trading hands. The stock had previously closed at $12.74.

Several equities analysts have commented on BVN shares. Morgan Stanley downgraded Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $6.20 to $7.90 in a research report on Friday, April 15th. HSBC downgraded Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a research report on Wednesday, April 13th. Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $8.75 target price for the company in a research report on Thursday, April 14th. Bank of America Corp. upgraded Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and increased their target price for the company from $10.00 to $14.00 in a research report on Tuesday, June 28th. Finally, TheStreet upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Wednesday, June 29th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $9.89.

The stock has a 50-day moving average price of $11.79 and a 200 day moving average price of $8.17. The company’s market capitalization is $3.57 billion.

Other institutional investors recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its position in shares of Compania de Minas Buenaventura SAA by 16.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 991,074 shares of the mining company’s stock valued at $4,242,000 after buying an additional 142,693 shares during the period. Schroder Investment Management Group boosted its position in Compania de Minas Buenaventura SAA by 56.5% in the fourth quarter. Schroder Investment Management Group now owns 1,952,857 shares of the mining company’s stock valued at $8,358,000 after buying an additional 704,730 shares during the last quarter. TSP Capital Management Group LLC boosted its position in Compania de Minas Buenaventura SAA by 0.4% in the fourth quarter. TSP Capital Management Group LLC now owns 967,850 shares of the mining company’s stock valued at $4,142,000 after buying an additional 3,949 shares during the last quarter. Morgan Stanley boosted its position in Compania de Minas Buenaventura SAA by 25.8% in the fourth quarter. Morgan Stanley now owns 5,411,756 shares of the mining company’s stock valued at $23,162,000 after buying an additional 1,108,713 shares during the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. boosted its position in Compania de Minas Buenaventura SAA by 112.2% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 402,644 shares of the mining company’s stock valued at $1,695,000 after buying an additional 212,857 shares during the last quarter.

Compania de Minas Buenaventura SAA (Buenaventura) is a Peru-based mining company engaged in the exploration, mining, smelting and commercialization of gold and silver, as well as other metals and minerals. The Company operates directly seven Peruvian mining units located in Uchucchacua, Orcopampa, Poracota, Julcani, Recuperada, Antapite and Ishihuinca; as well as indirectly the mines of Shila-Paula, La Zanja and Colquijirca.

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