Scotiabank has announced a revised price target for Buenaventura (BVN, Financial), increasing it from $15 to $15.50 while maintaining a Sector Perform rating. This update comes as part of a broader reassessment of stocks within the Gold & Precious Minerals sector.
The bank anticipates that margins will remain consistent with the previous quarter, acknowledging that the first quarter typically presents operational challenges for most companies. However, it predicts improved performance in the latter half of the year.
A significant aspect under consideration is the potential impact of tariffs, as companies evaluate how these might affect their supply chains and overall expenditures. The analysis hints that these factors will be crucial in determining future operational strategies and financial outcomes for businesses in this sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Compania De Minas Buenaventura SAA (BVN, Financial) is $15.68 with a high estimate of $17.40 and a low estimate of $14.40. The average target implies an upside of 4.95% from the current price of $14.94. More detailed estimate data can be found on the Compania De Minas Buenaventura SAA (BVN) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Compania De Minas Buenaventura SAA's (BVN, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Compania De Minas Buenaventura SAA (BVN, Financial) in one year is $11.17, suggesting a downside of 25.23% from the current price of $14.94. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Compania De Minas Buenaventura SAA (BVN) Summary page.
