J P Morgan Chase & Co Reaffirms Underweight Rating for Hochschild Mining (HOC)

Hochschild Mining (LON:HOC)‘s stock had its “underweight” rating restated by stock analysts at J P Morgan Chase & Co in a report issued on Thursday. They presently have a GBX 235 ($3.16) price target on the stock. J P Morgan Chase & Co’s price target indicates a potential upside of 5.03% from the company’s current price.

HOC has been the topic of a number of other reports. Barclays cut their price objective on shares of Hochschild Mining from GBX 285 ($3.84) to GBX 235 ($3.16) and set an “equal weight” rating on the stock in a research note on Tuesday, October 24th. Numis Securities reiterated an “add” rating and issued a GBX 260 ($3.50) price target on shares of Hochschild Mining in a research report on Monday, September 25th. Finally, Royal Bank Of Canada upgraded shares of Hochschild Mining to an “outperform” rating and boosted their price target for the stock from GBX 260 ($3.50) to GBX 270 ($3.63) in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Hochschild Mining currently has an average rating of “Hold” and an average target price of GBX 260.83 ($3.51).

Shares of Hochschild Mining (LON HOC) opened at GBX 223.76 ($3.01) on Thursday. Hochschild Mining has a one year low of GBX 186.60 ($2.51) and a one year high of GBX 337.60 ($4.54).

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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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