JPMorgan Chase & Co. Cuts Hochschild Mining (LON:HOC) Price Target to GBX 820

Hochschild Mining (LON:HOCFree Report) had its price target decreased by JPMorgan Chase & Co. from GBX 950 to GBX 820 in a research report released on Thursday,Digital Look reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 590 target price on shares of Hochschild Mining in a report on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 560.

Check Out Our Latest Analysis on Hochschild Mining

Hochschild Mining Price Performance

Shares of HOC opened at GBX 426.40 on Thursday. The stock has a market cap of £2.19 billion, a PE ratio of 10.93, a PEG ratio of 0.41 and a beta of 0.95. Hochschild Mining has a 12-month low of GBX 246.20 and a 12-month high of GBX 849.50. The business has a 50-day simple moving average of GBX 541.75 and a two-hundred day simple moving average of GBX 606.09. The company has a quick ratio of 1.87, a current ratio of 0.99 and a debt-to-equity ratio of 47.67.

About Hochschild Mining

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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. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.

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Analyst Recommendations for Hochschild Mining (LON:HOC)

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