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

Auna’s (NYSE:AUNA) quiet period is set to expire on Wednesday, May 1st. Auna had issued 30,000,000 shares in its public offering on March 22nd. The total size of the offering was $360,000,000 based on an initial share price of $12.00. During Auna’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration 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.

Analyst Ratings Changes

A number of research firms have commented on AUNA. Morgan Stanley initiated 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. Citigroup assumed coverage on shares of Auna in a research report on Tuesday, April 16th. They set a “buy” rating and a $14.00 price objective for the company. HSBC assumed coverage on shares of Auna in a report on Tuesday. They set a “buy” rating and a $12.60 price target for the company. Finally, JPMorgan Chase & Co. started coverage on Auna in a report on Tuesday, April 16th. They set an “overweight” rating and a $16.00 price target for the company.

Auna Stock Up 8.6 %

NYSE AUNA opened at $6.84 on Wednesday. Auna has a 12 month low of $6.17 and a 12 month high of $10.85.

About Auna

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.