Hochschild Mining (LON:HOC – Get Free Report) had its price target lowered by equities researchers at Berenberg Bank from GBX 800 to GBX 790 in a research note issued on Thursday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 69.16% from the company’s previous close.
Several other research analysts have also recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Hochschild Mining to an “overweight” rating and boosted their price target for the stock from GBX 820 to GBX 840 in a report on Thursday, July 23rd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 700 price objective on shares of Hochschild Mining in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 770.
Check Out Our Latest Stock Analysis on HOC
Hochschild Mining Stock Down 4.7%
Shares of LON:HOC opened at GBX 467 on Thursday. The firm’s 50 day moving average price is GBX 574.46 and its 200 day moving average price is GBX 560.03. The stock has a market cap of £2.40 billion, a price-to-earnings ratio of 8.05, a price-to-earnings-growth ratio of 0.41 and a beta of 1.00. Hochschild Mining has a fifty-two week low of GBX 309.33 and a fifty-two week high of GBX 849.50. The company has a quick ratio of 1.87, a current ratio of 1.08 and a debt-to-equity ratio of 27.51.
About Hochschild Mining
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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