Hochschild Mining Price Target Cut to $5.45 by Analysts at JP Morgan Cazenove (HOC)
Hochschild Mining (LON: HOC) had its target price cut by JP Morgan Cazenove from $6.72 (445 GBX) to $5.45 (361 GBX) in a research note issued to investors on Thursday. The firm currently has a neutral rating on the stock.
Hochschild Mining (LON: HOC) traded down 0.81% on Thursday, hitting GBX 306.00. Hochschild Mining has a 1-year low of GBX 278.90 and a 1-year high of GBX 526.50. The stock’s 50-day moving average is currently GBX 470.1. The company’s market cap is £1.055 billion.
A number of other firms have also recently commented on HOC. Analysts at Barclays Capital reiterated an underweight rating on shares of Hochschild Mining in a research note to investors on Thursday. They now have a $6.87 price target on the stock. Separately, analysts at JPMorgan Chase reiterated a neutral rating on shares of Hochschild Mining in a research note to investors on Wednesday, March 13th. They now have a $5.45 price target on the stock. Finally, analysts at Citigroup downgraded shares of Hochschild Mining to a sell rating in a research note to investors on Wednesday, February 20th. They now have a $6.04 price target on the stock, down previously from $7.99.
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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