Hochschild Mining Given New $6.95 Price Target at HSBC (HOC)
Hochschild Mining (LON: HOC) had its target price cut by HSBC from $7.55 (500 GBX) to $6.95 (460 GBX) in a report issued on Wednesday. They currently have an overweight rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital cut their price target on shares of Hochschild Mining from $6.87 to $6.27 in a research note to investors on Thursday, March 14th. Separately, analysts at Societe Generale cut their price target on shares of Hochschild Mining from $4.93 to $4.48 in a research note to investors on Thursday, March 14th. They now have a sell rating on the stock. Finally, analysts at JP Morgan Cazenove cut their price target on shares of Hochschild Mining from $6.72 to $5.45 in a research note to investors on Thursday, March 14th. They now have a neutral rating on the stock.
Four analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $6.34 (419 GBX).
Shares of Hochschild Mining (LON: HOC) opened at 302.80 on Wednesday. Hochschild Mining has a one year low of GBX 278.90 and a one year high of GBX 526.50. The stock’s 50-day moving average is currently GBX 470.1. The company’s market cap is £1.044 billion.
Hochschild Mining plc is a precious metals company with a primary focus on the exploration, mining, processing and sale of silver and gold.
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