Hochschild Mining (LON:HOC) had its target price lowered by Numis Securities from GBX 230 ($3.18) to GBX 210 ($2.90) in a research note released on Thursday. The brokerage currently has a hold rating on the stock.
HOC has been the subject of a number of other reports. Royal Bank of Canada raised shares of Hochschild Mining to an outperform rating and increased their target price for the company from GBX 260 ($3.59) to GBX 270 ($3.73) in a report on Thursday, November 2nd. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 235 ($3.25) target price on shares of Hochschild Mining in a report on Thursday, December 7th. Finally, Barclays reaffirmed an equal weight rating and issued a GBX 235 ($3.25) target price on shares of Hochschild Mining in a report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 244 ($3.37).
Hochschild Mining (LON:HOC) opened at GBX 215.70 ($2.98) on Thursday. Hochschild Mining has a 1-year low of GBX 203.70 ($2.81) and a 1-year high of GBX 337.60 ($4.66). The stock has a market cap of $1,100.00 and a PE ratio of 3,595.00.
In other Hochschild Mining news, insider Ignacio Bustamante sold 90,000 shares of the stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of GBX 257 ($3.55), for a total value of £231,300 ($319,563.42).
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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.
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