Hochschild Mining Given “Neutral/Neutral” Rating at Goldman Sachs Group Inc. (HOC)
Hochschild Mining (LON:HOC)‘s stock had its “neutral/neutral” rating reaffirmed by analysts at Goldman Sachs Group Inc. in a research report issued to clients and investors on Wednesday, Analyst Ratings Net reports. They currently have a GBX 140 ($2.30) price objective on the stock. Goldman Sachs Group Inc.’s price target would suggest a potential downside of 10.40% from the stock’s previous close.
HOC has been the subject of a number of other recent research reports. Analysts at HSBC cut their price target on shares of Hochschild Mining from GBX 240 ($3.94) to GBX 170 ($2.79) in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Hochschild Mining from GBX 135 ($2.22) to GBX 155 ($2.54) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Hochschild Mining from GBX 150 ($2.46) to GBX 160 ($2.63) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Hochschild Mining presently has a consensus rating of “Hold” and a consensus target price of GBX 168.54 ($2.77).
Hochschild Mining (LON:HOC) opened at 154.25 on Wednesday. Hochschild Mining has a one year low of GBX 119.10 and a one year high of GBX 459.09. The stock has a 50-day moving average of GBX 133.3 and a 200-day moving average of GBX 172.3. The company’s market cap is £487.8 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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