Hochschild Mining (HOC) Raised to Neutral at JPMorgan Chase & Co.
JPMorgan Chase & Co. upgraded shares of Hochschild Mining (LON:HOC) to a neutral rating in a research note published on Thursday. JPMorgan Chase & Co. currently has GBX 190 ($2.48) price target on the stock, down from their previous price target of GBX 215 ($2.81).
A number of other equities research analysts also recently issued reports on the company. UBS Group reiterated a neutral rating on shares of Hochschild Mining in a research report on Thursday. Barclays reiterated an equal weight rating on shares of Hochschild Mining in a research report on Friday, October 12th. BMO Capital Markets reiterated an outperform rating and issued a GBX 270 ($3.53) price objective on shares of Hochschild Mining in a research report on Thursday, August 16th. Finally, Numis Securities upgraded Hochschild Mining to a buy rating and set a GBX 210 ($2.74) price objective on the stock in a research report on Thursday, August 16th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Hochschild Mining presently has an average rating of Hold and a consensus price target of GBX 211.67 ($2.77).
Shares of HOC stock opened at GBX 169.75 ($2.22) on Thursday. Hochschild Mining has a 52-week low of GBX 196.15 ($2.56) and a 52-week high of GBX 337.60 ($4.41).
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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