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

Auna’s (NYSE:AUNA) quiet period will end 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 any underwriters that worked on the IPO are prevented 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.

Wall Street Analyst Weigh In

AUNA has been the subject of several recent research reports. HSBC assumed coverage on shares of Auna in a report on Tuesday. They issued a “buy” rating and a $12.60 price target for the company. JPMorgan Chase & Co. assumed coverage on shares of Auna in a research report on Tuesday, April 16th. They issued an “overweight” rating and a $16.00 price objective on the stock. Citigroup assumed coverage on shares of Auna in a research report on Tuesday, April 16th. They issued a “buy” rating and a $14.00 price objective on the stock. Finally, Morgan Stanley assumed coverage on shares of Auna in a research report on Tuesday, April 16th. They issued an “overweight” rating and a $14.00 price objective on the stock.

Auna Stock Performance

NYSE:AUNA opened at $7.19 on Friday. Auna has a twelve month low of $6.17 and a twelve 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.