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Nexa Resources (NEXA) Stock Forecast & Price Target

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$8.75 +0.15 (+1.74%)
(As of 12/27/2024 04:31 PM ET)

Nexa Resources - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
2
Buy
1

Based on 5 Wall Street analysts who have issued ratings for Nexa Resources in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 5 analysts, 2 have given a sell rating, 2 have given a hold rating, and 1 has given a buy rating for NEXA.

Consensus Price Target

$7.31
-16.46% Downside
According to the 5 analysts' twelve-month price targets for Nexa Resources, the average price target is $7.31. The highest price target for NEXA is $8.00, while the lowest price target for NEXA is $5.75. The average price target represents a forecasted downside of -16.46% from the current price of $8.75.
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NEXA Analyst Ratings Over Time

TypeCurrent Forecast
12/30/23 to 12/29/24
1 Month Ago
11/30/23 to 11/29/24
3 Months Ago
10/1/23 to 9/30/24
1 Year Ago
12/30/22 to 12/30/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
2 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$7.31$7.25$7.30$5.90
Forecasted Upside-16.46% Downside-4.86% Downside0.41% Upside-17.37% Downside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

NEXA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NEXA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nexa Resources Stock vs. The Competition

TypeNexa ResourcesBasic Materials CompaniesS&P 500
Consensus Rating Score
1.80
2.76
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-16.46% Downside136.58% Upside14.07% Upside
News Sentiment Rating
Positive News

See Recent NEXA News
Neutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/12/2024Morgan Stanley
3 of 5 stars
 UpgradeUnderweight ➝ Equal Weight$7.50 ➝ $7.80-3.23%
11/4/2024Scotiabank
5 of 5 stars
 Lower TargetSector Underperform ➝ Sector Underperform$6.00 ➝ $5.75-26.47%
6/26/2024Bank of America
3 of 5 stars
 Boost TargetUnderperform ➝ Underperform$7.50 ➝ $8.00+5.54%
5/21/2024BMO Capital Markets
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 Boost TargetOutperform$7.00 ➝ $7.50-0.40%
3/26/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$7.00 ➝ $7.50-0.13%
8/23/2023Citigroup
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 Lower TargetNeutral ➝ Neutral$7.00 ➝ $6.00+8.50%
5/1/2023500.com
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:22 AM ET.


NEXA Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Nexa Resources is $7.31, with a high forecast of $8.00 and a low forecast of $5.75.

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nexa Resources in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" NEXA shares.

According to analysts, Nexa Resources's stock has a predicted downside of -16.46% based on their 12-month stock forecasts.

Over the previous 90 days, Nexa Resources's stock had 1 upgrade by analysts.

Nexa Resources has been rated by research analysts at Morgan Stanley, and Scotiabank in the past 90 days.

Analysts like Nexa Resources less than other "basic materials" companies. The consensus rating for Nexa Resources is Reduce while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how NEXA compares to other companies.


This page (NYSE:NEXA) was last updated on 12/29/2024 by MarketBeat.com Staff
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