Hochschild Mining Given Sell Rating at Citigroup Inc. (HOC)
Hochschild Mining (LON:HOC)‘s stock had its “sell” rating restated by equities researchers at Citigroup Inc. in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 145 ($2.33) target price on the stock. Citigroup Inc.’s target price points to a potential downside of 5.48% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital cut their price target on shares of Hochschild Mining from GBX 219 ($3.51) to GBX 174 ($2.79) in a research note to investors on Monday. They now have a “hold” rating on the stock. Separately, analysts at HSBC upgraded shares of Hochschild Mining from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Hochschild Mining in a research note to investors on Thursday. They now have a GBX 120 ($1.93) price target on the stock. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Hochschild Mining presently has a consensus rating of “Hold” and a consensus target price of GBX 179.46 ($2.88).
Shares of Hochschild Mining (LON:HOC) traded down 0.46% on Monday, hitting GBX 152.70. The stock had a trading volume of 405,558 shares. Hochschild Mining has a one year low of GBX 135.00 and a one year high of GBX 526.50. The stock’s 50-day moving average is GBX 236.8 and its 200-day moving average is GBX 237.5. The company’s market cap is £526.1 million.
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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