Hochschild Mining (LON:HOC) PT Raised to GBX 205 at JPMorgan Chase & Co.
Hochschild Mining (LON:HOC) had its target price hoisted by analysts at JPMorgan Chase & Co. from GBX 175 ($2.29) to GBX 205 ($2.68) in a report issued on Thursday, Digital Look reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential downside of 2.01% from the company’s current price.
Other research analysts have also issued research reports about the stock. UBS Group upgraded shares of Hochschild Mining to a “buy” rating and upped their price target for the company from GBX 230 ($3.01) to GBX 250 ($3.27) in a research note on Friday, September 6th. Barclays upped their price target on shares of Hochschild Mining from GBX 185 ($2.42) to GBX 195 ($2.55) and gave the company an “equal weight” rating in a research note on Thursday, July 4th. Royal Bank of Canada restated an “outperform” rating on shares of Hochschild Mining in a research note on Monday, August 5th. Peel Hunt started coverage on shares of Hochschild Mining in a report on Friday, August 23rd. They issued a “buy” rating and a GBX 260 ($3.40) price objective on the stock. Finally, Berenberg Bank reaffirmed a “sell” rating and issued a GBX 190 ($2.48) price objective on shares of Hochschild Mining in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 220 ($2.87).
Hochschild Mining stock traded up GBX 4.20 ($0.05) during mid-day trading on Thursday, reaching GBX 209.20 ($2.73). 883,369 shares of the company traded hands, compared to its average volume of 1,380,000. The company has a debt-to-equity ratio of 20.24, a current ratio of 0.91 and a quick ratio of 0.74. Hochschild Mining has a fifty-two week low of GBX 146.65 ($1.92) and a fifty-two week high of GBX 232.20 ($3.03). The company has a market capitalization of $1.07 billion and a price-to-earnings ratio of 80.46. The firm’s fifty day moving average is GBX 212.24 and its two-hundred day moving average is GBX 193.27.
Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.
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