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

Hochschild Mining (LON:HOC) had its target price reduced by equities researchers at JPMorgan Chase & Co. from GBX 950 to GBX 820 in a research report issued on Thursday,Digital Look reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 81.58% from the company’s previous close.

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 590 price target on shares of Hochschild Mining in a report on Thursday, April 23rd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 560.

Hochschild Mining Price Performance

HOC stock opened at GBX 451.60 on Thursday. The company has a debt-to-equity ratio of 47.67, a quick ratio of 1.87 and a current ratio of 0.99. Hochschild Mining has a 1 year low of GBX 246.20 and a 1 year high of GBX 849.50. The firm has a market cap of £2.32 billion, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 0.41 and a beta of 0.95. The stock has a 50-day simple moving average of GBX 549.70 and a 200-day simple moving average of GBX 607.73.

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. 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.