Auna SA’s Quiet Period Will Expire on May 1st (NYSE:AUNA)

Auna’s (NYSE:AUNA) quiet period will expire on Wednesday, May 1st. Auna had issued 30,000,000 shares in its IPO on March 22nd. The total size of the offering was $360,000,000 based on an initial share price of $12.00. During the company’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AUNA. HSBC began coverage on shares of Auna in a report on Tuesday, April 23rd. They set a “buy” rating and a $12.60 target price for the company. Citigroup began coverage on shares of Auna in a report on Tuesday, April 16th. They set a “buy” rating and a $14.00 target price for the company. JPMorgan Chase & Co. began coverage on shares of Auna in a report on Tuesday, April 16th. They set an “overweight” rating and a $16.00 target price for the company. Finally, Morgan Stanley began coverage on shares of Auna in a report on Tuesday, April 16th. They issued an “overweight” rating and a $14.00 price objective for the company.

Auna Stock Down 1.8 %

NYSE AUNA opened at $7.06 on Friday. Auna has a 12-month low of $6.17 and a 12-month high of $10.85.

Auna Company Profile

Auna SA, a healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia. The company provides prepaid healthcare plans in Peru; and dental and vision plans in Mexico. The company was founded in 1989 and is based in Luxembourg, Luxembourg.