Peel Hunt started coverage on shares of Hochschild Mining (LON:HOC) in a report released on Friday, ThisIsMoney.Co.Uk reports. The brokerage issued a buy rating and a GBX 260 ($3.40) price target on the stock.
HOC has been the subject of several other research reports. JPMorgan Chase & Co. boosted their price objective on shares of Hochschild Mining from GBX 170 ($2.22) to GBX 175 ($2.29) and gave the company a neutral rating in a research note on Thursday, August 15th. Barclays boosted their price objective on shares of Hochschild Mining from GBX 185 ($2.42) to GBX 195 ($2.55) and gave the company an equal weight rating in a research note on Thursday, July 4th. Royal Bank of Canada reaffirmed an outperform rating on shares of Hochschild Mining in a research note on Monday, August 5th. UBS Group raised shares of Hochschild Mining to a buy rating and boosted their price objective for the company from GBX 215 ($2.81) to GBX 230 ($3.01) in a research note on Wednesday, June 26th. Finally, Berenberg Bank reaffirmed a sell rating and set a GBX 190 ($2.48) price objective on shares of Hochschild Mining in a research note on Wednesday, August 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. Hochschild Mining has an average rating of Hold and a consensus price target of GBX 212.86 ($2.78).
Shares of LON:HOC opened at GBX 206.80 ($2.70) on Friday. The company has a 50 day moving average of GBX 207.89 and a 200 day moving average of GBX 191.51. The stock has a market cap of $1.06 billion and a P/E ratio of 79.54. Hochschild Mining has a 12 month low of GBX 146.65 ($1.92) and a 12 month high of GBX 232.20 ($3.03). The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 20.24.
Hochschild Mining Company Profile
Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.
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