Hochschild Mining Plc (HOC) Given Average Recommendation of “Hold” by Analysts
Hochschild Mining Plc (LON:HOC) has been assigned a consensus recommendation of “Hold” from the six analysts that are currently covering the company. Four research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 269 ($3.47).
A number of equities research analysts have recently issued reports on HOC shares. Numis Securities Ltd raised shares of Hochschild Mining Plc to an “add” rating and set a GBX 260 ($3.36) price objective for the company in a research report on Thursday, March 9th. Barclays PLC boosted their price objective on shares of Hochschild Mining Plc from GBX 230 ($2.97) to GBX 285 ($3.68) and gave the company an “equal weight” rating in a research report on Friday, April 21st. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 245 ($3.16) price objective on shares of Hochschild Mining Plc in a research report on Friday, April 28th. Finally, Jefferies Group LLC reissued a “neutral” rating and set a GBX 265 ($3.42) price objective on shares of Hochschild Mining Plc in a research report on Thursday, February 2nd.
In related news, insider Eduardo Hochschild sold 15,500,000 shares of Hochschild Mining Plc stock in a transaction on Friday, March 17th. The shares were sold at an average price of GBX 270 ($3.49), for a total transaction of £41,850,000 ($54,034,861.20).
Hochschild Mining Plc (LON:HOC) traded down 1.55% during midday trading on Monday, hitting GBX 241.20. The company’s stock had a trading volume of 669,945 shares. The firm’s market cap is GBX 1.22 billion. Hochschild Mining Plc has a 12 month low of GBX 114.50 and a 12 month high of GBX 327.60. The company’s 50 day moving average price is GBX 269.74 and its 200 day moving average price is GBX 248.27.
The company also recently announced a dividend, which will be paid on Wednesday, May 17th. Investors of record on Thursday, April 20th will be paid a dividend of €0.01 ($0.02) per share. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, April 20th.
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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.
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