Hochschild Mining plc (LON:HOC) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Hochschild Mining plc has received a consensus rating of "Moderate Buy" from six analysts, with five recommending a buy and one a hold.
• The average twelve-month price target for Hochschild Mining stock is GBX 315.83, with Canaccord Genuity setting a target of GBX 365.
• The company's shares reached a 12-month high of GBX 385, while the market cap is approximately £1.96 billion.

Shares of Hochschild Mining plc (LON:HOC - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 315.83.

HOC has been the subject of several recent research reports. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 365 price target on shares of Hochschild Mining in a research note on Wednesday, August 27th. UBS Group reissued a "buy" rating and issued a GBX 300 price target on shares of Hochschild Mining in a research note on Friday, August 15th. Berenberg Bank decreased their price target on Hochschild Mining from GBX 300 to GBX 280 and set a "hold" rating for the company in a research note on Thursday, August 28th. Finally, JPMorgan Chase & Co. decreased their price target on Hochschild Mining from GBX 390 to GBX 370 and set an "overweight" rating for the company in a research note on Thursday, August 28th.

Hochschild Mining Price Performance

Shares of HOC opened at GBX 380.42 on Friday. Hochschild Mining has a 12-month low of GBX 166 and a 12-month high of GBX 385. The business has a 50-day simple moving average of GBX 314.36 and a two-hundred day simple moving average of GBX 287.14. The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 61.86. The stock has a market cap of £1.96 billion, a PE ratio of 1,311.79, a PEG ratio of 0.41 and a beta of 1.08.

About Hochschild Mining

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.

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