why Compania de Minas Buenaventura S.A. ADR [BVN] is a Good Choice for Investors After New Price Target of $16.44

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Compania de Minas Buenaventura S.A. ADR [NYSE: BVN] loss -3.82% or -0.65 points to close at $16.37 with a heavy trading volume of 2793003 shares.

The daily chart for BVN points out that the company has recorded 14.48% gains over the past six months.

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If we look at the average trading volume of 1.30M shares, BVN reached to a volume of 2793003 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Compania de Minas Buenaventura S.A. ADR [BVN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BVN shares is $16.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BVN stock is a recommendation set at 2.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Compania de Minas Buenaventura S.A. ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 21, 2024. The new note on the price target was released on March 12, 2024, representing the official price target for Compania de Minas Buenaventura S.A. ADR stock. Previously, the target price had yet another raise from $8.60 to $10.30, while Morgan Stanley kept a Overweight rating on BVN stock. On March 24, 2022, analysts increased their price target for BVN shares from 7 to 11.10.

The Average True Range (ATR) for Compania de Minas Buenaventura S.A. ADR is set at 0.59, with the Price to Sales ratio for BVN stock in the period of the last 12 months amounting to 4.69. The Price to Book ratio for the last quarter was 1.36, with the Price to Cash per share for the same quarter was set at 0.69. Price to Free Cash Flow for BVN in the course of the last twelve months was 196.29 with Quick ratio for the last quarter at 1.14.

Trading performance analysis for BVN stock

Compania de Minas Buenaventura S.A. ADR [BVN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.48. With this latest performance, BVN shares dropped by -3.76% in over the last four-week period, additionally plugging by 14.48% over the last 6 months – not to mention a rise of 108.54% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BVN stock in for the last two-week period is set at 40.06, with the RSI for the last a single of trading hit 34.31, and the three-weeks RSI is set at 43.45 for Compania de Minas Buenaventura S.A. ADR [BVN]. The present Moving Average for the last 50 days of trading for this stock 17.24, while it was recorded at 17.04 for the last single week of trading, and 14.21 for the last 200 days.

Compania de Minas Buenaventura S.A. ADR [BVN]: A deeper dive into fundamental analysis

Compania de Minas Buenaventura S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.14 and a Current Ratio set at 1.32.

Compania de Minas Buenaventura S.A. ADR [BVN]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BVN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Compania de Minas Buenaventura S.A. ADR go to 18.43%.

An analysis of Institutional ownership at Compania de Minas Buenaventura S.A. ADR [BVN]

The top three institutional holders of BVN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in BVN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in BVN stock with ownership which is approximately 5.1238%.

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