Compania de Minas Buenaventura SA Now Covered by Goldman Sachs (BVN)
Equities research analysts at Goldman Sachs initiated coverage on shares of Compania de Minas Buenaventura SA (NYSE:BVN) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Compania de Minas Buenaventura SA (NYSE:BVN) traded down 0.72% on Tuesday, hitting $12.43. The stock had a trading volume of 1,413,752 shares. Compania de Minas Buenaventura SA has a 52 week low of $10.54 and a 52 week high of $22.49. The stock has a 50-day moving average of $12.96 and a 200-day moving average of $12.52. The company’s market cap is $3.160 billion.
Compania de Minas Buenaventura SA (NYSE:BVN) last announced its earnings results on Friday, February 28th. The company reported ($1.30) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $1.55. Analysts expect that Compania de Minas Buenaventura SA will post $1.08 EPS for the current fiscal year.
The company also recently announced a dividend, which is scheduled for Tuesday, April 29th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.011 per share. The ex-dividend date is Friday, April 11th.
A number of other analysts have also recently weighed in on BVN. Analysts at Zacks upgraded shares of Compania de Minas Buenaventura SA from an “underperform” rating to a “neutral” rating in a research note on Monday, March 3rd. They now have a $12.90 price target on the stock. Analysts at Morgan Stanley upgraded shares of Compania de Minas Buenaventura SA from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, January 22nd. They now have a $15.80 price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $16.05.
Compania de Minas Buenaventura SAA. (NYSE:BVN) is a precious metals company engaged in the exploration, mining and processing of gold, silver and other metals in Peru.
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