Brokerages Set Hochschild Mining plc (LON:HOC) Target Price at GBX 315.83

Key Points

• Hochschild Mining plc has received an average rating of "Moderate Buy" from six brokerages, with one hold recommendation and five buy recommendations.
• The current average 1-year price target for Hochschild Mining shares is GBX 315.83, reflecting analysts’ projections for the stock's performance.
• Recent analyst actions include JPMorgan lowering its target price from GBX 390 to GBX 370, while Canaccord Genuity reaffirmed a buy rating with a GBX 365 target price.

Hochschild Mining plc (LON:HOC - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 315.83.

Several research firms recently issued reports on HOC. UBS Group reiterated a "buy" rating and set a GBX 300 target price on shares of Hochschild Mining in a report on Friday, August 15th. JPMorgan Chase & Co. dropped their target price on Hochschild Mining from GBX 390 to GBX 370 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Berenberg Bank dropped their target price on Hochschild Mining from GBX 300 to GBX 280 and set a "hold" rating on the stock in a report on Thursday, August 28th. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 365 target price on shares of Hochschild Mining in a report on Wednesday, August 27th.

Hochschild Mining Stock Down 0.4%

Shares of HOC stock traded down GBX 1.20 on Tuesday, hitting GBX 329.40. 1,779,950 shares of the stock were exchanged, compared to its average volume of 3,271,411. The business has a 50-day moving average of GBX 294.32 and a 200 day moving average of GBX 272.97. Hochschild Mining has a fifty-two week low of GBX 166 and a fifty-two week high of GBX 348.60. The firm has a market capitalization of £1.69 billion, a P/E ratio of 1,135.86, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 61.86.

Hochschild Mining Company Profile

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.