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

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 Auna’s quiet period, underwriters and any insiders involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

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

Auna Trading Down 4.8 %

NYSE:AUNA opened at $7.19 on Friday. Auna has a 52 week low of $6.17 and a 52 week 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.