Hochschild Mining (LON:HOC) had its target price lowered by JPMorgan Chase & Co. from GBX 220 ($3.04) to GBX 215 ($2.97) in a report issued on Thursday morning. JPMorgan Chase & Co. currently has an underweight rating on the stock.

A number of other brokerages have also recently commented on HOC. Royal Bank of Canada upgraded shares of Hochschild Mining to an outperform rating and increased their price target for the company from GBX 260 ($3.59) to GBX 270 ($3.73) in a research note on Thursday, November 2nd. Numis Securities cut their price target on shares of Hochschild Mining from GBX 230 ($3.18) to GBX 210 ($2.90) and set a hold rating for the company in a research note on Thursday. Finally, Barclays reiterated an equal weight rating and issued a GBX 235 ($3.25) price target on shares of Hochschild Mining in a research note on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 244 ($3.37).

Shares of Hochschild Mining (LON:HOC) opened at GBX 210 ($2.90) on Thursday. The company has a market cap of $1,070.00 and a price-to-earnings ratio of 3,500.00. Hochschild Mining has a 12 month low of GBX 203.70 ($2.81) and a 12 month high of GBX 337.60 ($4.66).

In other news, insider Ignacio Bustamante sold 90,000 shares of the firm’s stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of GBX 257 ($3.55), for a total transaction of £231,300 ($319,563.42).

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Hochschild Mining Company Profile

Hochschild Mining plc is engaged in mining, processing and sale of silver and gold. It has approximately three operating mines (Arcata, Pallancata and Inmaculada) located in southern Peru and approximately one operating mine (San Jose) located in Argentina. Its segments include Arcata, Pallancata, San Jose, Inmaculada, Exploration and Other.

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