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Compania de Minas Buenaventura SAA (NYSE:BVN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday. The firm currently has a $12.20 target price on the stock. Zacks‘s price objective would suggest a potential upside of 4.45% from the company’s current price.

Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) traded down 1.52% during mid-day trading on Tuesday, hitting $11.68. The stock had a trading volume of 1,834,647 shares. Compania de Minas Buenaventura SAA has a one year low of $9.75 and a one year high of $15.64. The stock has a 50-day moving average of $10.71 and a 200-day moving average of $11.93. The company’s market cap is $2.969 billion.

Compania de Minas Buenaventura SAA (NYSE:BVN) last issued its quarterly earnings data on Friday, May 2nd. The company reported ($0.06) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.26. On average, analysts predict that Compania de Minas Buenaventura SAA will post $0.69 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley upgraded shares of Compania de Minas Buenaventura SAA to an “overweight” rating in a research note on Thursday, May 1st. They now have a $15.30 price target on the stock. Analysts at Goldman Sachs initiated coverage on shares of Compania de Minas Buenaventura SAA in a research note on Tuesday, April 22nd. They set a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Compania de Minas Buenaventura SAA presently has a consensus rating of “Hold” and an average target price of $15.75.

Compania de Minas Buenaventura SAA (NYSE:BVN) 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.

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