Hochschild Mining’s (HOC) “Equal weight” Rating Reaffirmed at Barclays

Barclays reaffirmed their equal weight rating on shares of Hochschild Mining (LON:HOC) in a report issued on Monday. Barclays currently has a GBX 235 ($3.19) price objective on the stock.

HOC has been the subject of several other reports. Numis Securities reaffirmed an add rating and issued a GBX 260 ($3.53) price objective on shares of Hochschild Mining in a report on Thursday, October 19th. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 235 ($3.19) price objective on shares of Hochschild Mining in a report on Friday, November 10th. Finally, Royal Bank of Canada downgraded shares of Hochschild Mining to a sector performer rating and set a GBX 260 ($3.53) price objective for the company. in a report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 250 ($3.39).

Hochschild Mining (HOC) opened at GBX 252.90 ($3.43) on Monday. The company has a market capitalization of $1,270.00 and a PE ratio of 4,215.00. Hochschild Mining has a 1-year low of GBX 215.39 ($2.92) and a 1-year high of GBX 337.60 ($4.58).

In other Hochschild Mining news, insider Ignacio Bustamante sold 90,000 shares of the firm’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of GBX 257 ($3.49), for a total value of £231,300 ($313,669.65).

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Hochschild Mining 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.

Analyst Recommendations for Hochschild Mining (LON:HOC)

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