Nexa Resources (NEXA) Getting Somewhat Positive News Coverage, Analysis Finds
Media headlines about Nexa Resources (NYSE:NEXA) have been trending somewhat positive recently, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nexa Resources earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.1764494640086 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Nexa Resources (NEXA) Scheduled to Post Earnings on Friday (americanbankingnews.com)
- Nexa Resources (NEXA) Upgraded to “Strong-Buy” at Zacks Investment Research (americanbankingnews.com)
- Should You Buy Nexa Resources (NEXA) Ahead of Earnings? (finance.yahoo.com)
- Nexa Resources S.A. to Host Conference Call to Discuss Full Year 2017 and Fourth Quarter 2017 Results (finance.yahoo.com)
Shares of Nexa Resources (NEXA) traded down $0.31 during trading hours on Friday, hitting $18.27. The company’s stock had a trading volume of 151,089 shares, compared to its average volume of 159,909. Nexa Resources has a fifty-two week low of $15.27 and a fifty-two week high of $21.61. The stock has a market capitalization of $2,096.21 and a price-to-earnings ratio of 31.50. The company has a quick ratio of 1.73, a current ratio of 2.10 and a debt-to-equity ratio of 0.51.
Several equities research analysts have weighed in on the company. Zacks Investment Research raised Nexa Resources from a “hold” rating to a “strong-buy” rating and set a $23.00 price objective on the stock in a research note on Thursday. JPMorgan Chase & Co. assumed coverage on Nexa Resources in a research note on Tuesday, November 21st. They set an “overweight” rating and a $23.00 price objective on the stock. BMO Capital Markets assumed coverage on Nexa Resources in a research note on Tuesday, November 21st. They set an “outperform” rating and a $24.00 price objective on the stock. Credit Suisse Group assumed coverage on Nexa Resources in a research note on Tuesday, November 28th. They set an “outperform” rating and a $23.00 price objective on the stock. Finally, Citigroup initiated coverage on Nexa Resources in a research note on Tuesday, November 21st. They set a “buy” rating and a $19.00 price objective on the stock. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Nexa Resources presently has a consensus rating of “Buy” and a consensus price target of $21.77.
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Nexa Resources Company Profile
Nexa Resources SA, formerly VM Holding SA, is a Luxembourg-based company engaged in the mineral resources industry. The Company is a metals and mining entity mainly engaged in zinc content production, and whose product portfolio also includes copper, lead, silver and gold. Its mining and smelting presence is located in Brazil, conducted by Votorantim Metais Zinco SA, and in Peru, conducted by Compania Minera Milpo SAA, and Votorantim Metais-Cajamarquilla SA.
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