Hochschild Mining plc (LON:HOC) Receives GBX 357.50 Consensus Target Price from Brokerages

Shares of Hochschild Mining plc (LON:HOC) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 357.50.

Several equities research analysts recently weighed in on the company. Peel Hunt reissued a “buy” rating and set a GBX 340 price objective on shares of Hochschild Mining in a report on Tuesday, October 7th. UBS Group reiterated a “buy” rating and issued a GBX 300 target price on shares of Hochschild Mining in a research report on Friday, August 15th. Berenberg Bank lifted their price target on Hochschild Mining from GBX 380 to GBX 400 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. reduced their price target on Hochschild Mining from GBX 390 to GBX 370 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Finally, Canaccord Genuity Group raised their price objective on shares of Hochschild Mining from GBX 350 to GBX 465 and gave the company a “buy” rating in a report on Monday, October 13th.

Insider Transactions at Hochschild Mining

In related news, insider Mike Sylvestre purchased 1,620 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was bought at an average price of GBX 331 per share, with a total value of £5,362.20. Company insiders own 43.62% of the company’s stock.

Hochschild Mining Stock Performance

LON HOC opened at GBX 380.60 on Friday. The firm’s fifty day moving average price is GBX 361.78 and its two-hundred day moving average price is GBX 310.71. The stock has a market cap of £1.96 billion, a PE ratio of 13.12, a PEG ratio of 0.41 and a beta of 1.08. The company has a debt-to-equity ratio of 61.86, a quick ratio of 1.87 and a current ratio of 0.89. Hochschild Mining has a fifty-two week low of GBX 166 and a fifty-two week high of GBX 442.24.

Hochschild Mining Company Profile

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill.