Berenberg Bank Raises Hochschild Mining (LON:HOC) Price Target to GBX 170

Hochschild Mining (LON:HOC) had its target price boosted by Berenberg Bank from GBX 150 ($1.90) to GBX 170 ($2.15) in a research note released on Tuesday morning, Marketbeat reports. The brokerage currently has a buy rating on the stock.

Separately, Canaccord Genuity Group reissued a buy rating and issued a GBX 160 ($2.02) target price on shares of Hochschild Mining in a report on Wednesday, February 21st.

Hochschild Mining Price Performance

LON HOC opened at GBX 127.40 ($1.61) on Tuesday. The company has a 50-day moving average price of GBX 102.44 and a 200-day moving average price of GBX 97.27. The firm has a market capitalization of £655.42 million, a P/E ratio of -1,592.50, a PEG ratio of 0.41 and a beta of 1.11. Hochschild Mining has a 52 week low of GBX 67.50 ($0.85) and a 52 week high of GBX 129.40 ($1.64). The company has a quick ratio of 1.87, a current ratio of 0.94 and a debt-to-equity ratio of 52.52.

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 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.