Hochschild Mining (LON:HOC) Given New GBX 270 Price Target at Royal Bank of Canada
Hochschild Mining (LON:HOC) had its price target lowered by Royal Bank of Canada from GBX 280 ($3.68) to GBX 270 ($3.55) in a report published on Tuesday, Digital Look reports. The firm currently has an outperform rating on the stock.
HOC has been the topic of several other reports. Bank of America upgraded shares of Hochschild Mining to an outperform rating and dropped their price target for the company from GBX 260 ($3.42) to GBX 220 ($2.89) in a research note on Tuesday, November 26th. Numis Securities reiterated a buy rating on shares of Hochschild Mining in a research note on Thursday, October 24th. Peel Hunt reiterated a buy rating on shares of Hochschild Mining in a research note on Wednesday, January 29th. Barclays lowered their target price on shares of Hochschild Mining from GBX 205 ($2.70) to GBX 190 ($2.50) and set an equal weight rating on the stock in a research report on Wednesday, January 15th. Finally, Berenberg Bank raised their target price on shares of Hochschild Mining from GBX 170 ($2.24) to GBX 180 ($2.37) and gave the stock a hold rating in a research report on Friday, January 10th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 204.50 ($2.69).
Shares of Hochschild Mining stock opened at GBX 162 ($2.13) on Tuesday. The firm has a market capitalization of $842.00 million and a P/E ratio of 62.31. Hochschild Mining has a 52 week low of GBX 150.30 ($1.98) and a 52 week high of GBX 232.20 ($3.05). The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 20.24. The firm’s 50 day moving average is GBX 168.24 and its two-hundred day moving average is GBX 186.98.
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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