Barclays PLC Downgrades Hochschild Mining Plc (HOC) to Equal Weight
Hochschild Mining Plc (LON:HOC) was downgraded by investment analysts at Barclays PLC to an “equal weight” rating in a research report issued on Wednesday.
Other equities analysts also recently issued research reports about the company. Numis Securities Ltd reiterated a ” hold” rating on shares of Hochschild Mining Plc in a research report on Wednesday, July 20th. JPMorgan Chase & Co. lifted their target price on Hochschild Mining Plc from GBX 145 ($1.89) to GBX 190 ($2.48) and gave the company a “neutral” rating in a research report on Thursday, September 15th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 127.07 ($1.66).
Shares of Hochschild Mining Plc (LON:HOC) traded up 3.70% during midday trading on Wednesday, hitting GBX 269.00. The company had a trading volume of 2,260,609 shares. The company has a 50-day moving average of GBX 278.40 and a 200 day moving average of GBX 183.16. Hochschild Mining Plc has a 12 month low of GBX 38.75 and a 12 month high of GBX 327.60. The firm’s market capitalization is GBX 1.25 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/hochschild-mining-plc-hoc-lowered-to-equal-weight-at-barclays-plc.html
Hochschild Mining Plc Company Profile
Hochschild Mining plc is engaged in mining, processing and sale of silver and gold. It has approximately three operating mines (Arcata, Pallancata and Inmaculada) located in southern Peru and approximately one operating mine (San Jose) located in Argentina. Its segments include Arcata, Pallancata, San Jose, Inmaculada, Exploration and Other.
Receive News & Ratings for Hochschild Mining Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hochschild Mining Plc and related companies with MarketBeat.com's FREE daily email newsletter.