Hochschild Mining Price Target Cut to GBX 174 by Analysts at Liberum Capital (HOC)
Research analysts at Liberum Capital reduced their target price on shares of Hochschild Mining (LON:HOC) from GBX 219 ($3.51) to GBX 174 ($2.79) in a report released on Monday, Analyst Ratings Net reports. The firm currently has a “hold” rating on the stock. Liberum Capital’s price objective points to a potential upside of 13.43% from the stock’s previous close.
A number of other analysts have also recently weighed in on HOC. Analysts at HSBC upgraded shares of Hochschild Mining from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday. Separately, 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. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hochschild Mining in a research note to investors on Wednesday, October 2nd. They now have a GBX 200 ($3.21) 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 issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 179.46 ($2.88).
Shares of Hochschild Mining (LON:HOC) opened at 151.70 on Monday. Hochschild Mining has a 52-week low of GBX 135.00 and a 52-week 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 £522.7 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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