Hochschild Mining Plc (HOC) Given Average Rating of “Hold” by Brokerages
Hochschild Mining Plc (LON:HOC) has received a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 275.83 ($3.59).
Several research firms recently weighed in on HOC. J P Morgan Chase & Co boosted their price objective on shares of Hochschild Mining Plc from GBX 245 ($3.19) to GBX 255 ($3.32) and gave the stock a “neutral” rating in a research report on Monday, June 5th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 260 ($3.39) target price on shares of Hochschild Mining Plc in a research report on Thursday, July 13th. Barclays PLC reiterated an “equal weight” rating and set a GBX 285 ($3.71) target price on shares of Hochschild Mining Plc in a research report on Friday, July 14th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 290 ($3.78) target price on shares of Hochschild Mining Plc in a research report on Wednesday, July 12th.
Hochschild Mining Plc (HOC) traded down 0.07% during mid-day trading on Monday, reaching GBX 282.80. The company had a trading volume of 1,108,493 shares. Hochschild Mining Plc has a 52-week low of GBX 186.60 and a 52-week high of GBX 327.60. The stock’s market capitalization is GBX 1.43 billion. The company’s 50 day moving average is GBX 278.32 and its 200 day moving average is GBX 264.25.
In related news, insider Ignacio Bustamante sold 130,000 shares of the company’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of GBX 306 ($3.99), for a total value of £397,800 ($518,238.67).
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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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