Shares of cosmetics maker Natura (NTCO3) opened higher this Tuesday (5th) trading session and were among the top five peaks in the early morning hours. At 12:15 p.m. (Brasília time), the company’s shares rose 0.25% to R$28.03. At 12:21 p.m. there was a rebound and the shares fell 0.32% to R$27.87.
It’s basically the basic interest rate (Selic) that’s boosting the company’s stock — today it’s at 11.75%. Last week, the Central Bank announced that it does not intend to increase the Selic rate above 12.75% by May.
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According to Warren analyst Celson Placido, the bank’s putting a cap on the rise in interest rates tends to favor retail moves, and Natura has more than 60 own stores and online businesses in addition to its 1.5 million dealers. But is that enough to keep the company’s valuation on the stock market? Is it still worth the investment? Check it below.
“Even if the interest rate goes above 12.75 percent, it won’t be much,” he says. Warren’s Peace. AND The feeling of being close to the interest rate peak, the feeling that “nothing higher is coming,” in his view, enlivens retail. That’s why Warren has a buy recommendation for investors interested in Natura.
this XP Investments Also, providing target price 40 BRL per share for end of 2022. XP in a report, avon and its strong focus on ESG (environmental, social and governance best practices) are Natura’s strengths and should be on investors’ radar.
source: Noticias