Hochschild Mining (LON:HOC) Price Target Lowered to GBX 270 at Royal Bank of Canada
Hochschild Mining (LON:HOC) had its target price trimmed by Royal Bank of Canada from GBX 280 ($3.68) to GBX 270 ($3.55) in a research note issued to investors on Tuesday morning, Digital Look reports. The firm currently has an outperform rating on the stock.
A number of other analysts have also weighed in on the stock. BMO Capital Markets reduced their price objective on shares of Hochschild Mining from GBX 260 ($3.42) to GBX 220 ($2.89) and set an outperform rating on the stock in a research report on Thursday, November 28th. Numis Securities reissued a buy rating on shares of Hochschild Mining in a research report on Thursday, October 24th. Berenberg Bank increased their price objective 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. Peel Hunt reissued a buy rating and issued a GBX 220 ($2.89) price objective on shares of Hochschild Mining in a research report on Wednesday, January 15th. Finally, Barclays reduced their price objective 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. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 204.50 ($2.69).
Hochschild Mining stock opened at GBX 163 ($2.14) on Tuesday. The company has a debt-to-equity ratio of 20.24, a current ratio of 0.91 and a quick ratio of 0.74. Hochschild Mining has a 1-year low of GBX 150.30 ($1.98) and a 1-year high of GBX 232.20 ($3.05). The firm has a market capitalization of $843.03 million and a P/E ratio of 62.69. The company’s 50-day moving average is GBX 168.19 and its 200 day moving average is GBX 186.75.
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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