Hochschild Mining (LON:HOC) Stock Rating Upgraded by Berenberg Bank

Hochschild Mining (LON:HOCGet Free Report) was upgraded by analysts at Berenberg Bank to a “buy” rating in a report issued on Monday,Digital Look reports. The firm presently has a GBX 570 target price on the stock. Berenberg Bank’s price target points to a potential upside of 24.67% from the company’s previous close.

Separately, JPMorgan Chase & Co. raised Hochschild Mining to an “overweight” rating and increased their price objective for the company from GBX 820 to GBX 840 in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 560.

Check Out Our Latest Stock Report on HOC

Hochschild Mining Stock Performance

LON HOC opened at GBX 457.20 on Monday. Hochschild Mining has a fifty-two week low of GBX 246.20 and a fifty-two week high of GBX 849.50. The stock has a market cap of £2.35 billion, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 0.41 and a beta of 0.95. The business has a fifty day moving average of GBX 520.36 and a 200-day moving average of GBX 604.43. The company has a quick ratio of 1.87, a current ratio of 0.99 and a debt-to-equity ratio of 47.67.

Hochschild Mining Company Profile

(Get Free Report)

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.

Further Reading

Analyst Recommendations for Hochschild Mining (LON:HOC)

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