Hochschild Mining (HOC) PT Raised to GBX 210 at JPMorgan Chase & Co.

Hochschild Mining (LON:HOC) had its price objective upped by equities researchers at JPMorgan Chase & Co. from GBX 205 ($2.78) to GBX 210 ($2.85) in a research report issued on Thursday. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential downside of 17.52% from the stock’s current price.

Several other analysts have also commented on HOC. Barclays restated an “equal weight” rating and set a GBX 235 ($3.19) price target on shares of Hochschild Mining in a research report on Monday, January 8th. Royal Bank of Canada lowered shares of Hochschild Mining to a “sector performer” rating and set a GBX 260 ($3.53) price target on the stock. in a research report on Thursday, January 4th. Finally, Numis Securities restated an “add” rating and set a GBX 260 ($3.53) price target on shares of Hochschild Mining in a research report on Monday, September 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 250 ($3.39).

Shares of Hochschild Mining (LON:HOC) traded up GBX 5.70 ($0.08) during trading on Thursday, hitting GBX 254.60 ($3.45). 1,166,607 shares of the company traded hands, compared to its average volume of 1,370,000. Hochschild Mining has a 12-month low of GBX 215.39 ($2.92) and a 12-month high of GBX 337.60 ($4.58). The stock has a market capitalization of $1,290.00 and a PE ratio of 4,243.33.

In other news, insider Ignacio Bustamante sold 90,000 shares of Hochschild Mining stock in a transaction dated 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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About Hochschild Mining

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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