Hochschild Mining (HOC) Rating Reiterated by UBS Group
Hochschild Mining (LON:HOC)‘s stock had its “neutral” rating reiterated by UBS Group in a report released on Thursday, investing.thisismoney.co.uk reports.
A number of other brokerages also recently issued reports on HOC. Numis Securities upgraded shares of Hochschild Mining to an “add” rating in a research note on Thursday, July 19th. Barclays reduced their price objective on shares of Hochschild Mining from GBX 230 ($3.01) to GBX 170 ($2.22) and set an “equal weight” rating on the stock in a research note on Wednesday, July 18th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a GBX 270 ($3.53) price objective on shares of Hochschild Mining in a research note on Thursday, August 16th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 211.67 ($2.77).
Shares of Hochschild Mining stock opened at GBX 169.75 ($2.22) on Thursday. Hochschild Mining has a 12-month low of GBX 196.15 ($2.56) and a 12-month 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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