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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end

Hudbay Minerals (HBM) Stock Forecast & Price Target

C$10.72
-0.13 (-1.20%)
(As of 04/19/2024 ET)

Hudbay Minerals Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 12 Analyst Ratings

Analysts' Consensus Price Target

C$10.48
-2.23% Downside
High ForecastC$13.00
Average ForecastC$10.48
Low ForecastC$8.00
TypeCurrent Forecast
4/21/23 to 4/20/24
1 Month Ago
3/22/23 to 3/21/24
3 Months Ago
1/21/23 to 1/21/24
1 Year Ago
4/21/22 to 4/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$10.48C$9.50C$9.35C$9.91
Predicted Upside-2.23% Downside34.23% Upside36.15% Upside56.50% Upside
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HBM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HBM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Hudbay Minerals Stock vs. The Competition

TypeHudbay MineralsBasic Materials Companies
Consensus Rating Score
2.83
2.57
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/18/2024Raymond James
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 Boost TargetOutperformC$10.50 ➝ C$11.50+6.78%
4/17/2024Canaccord Genuity Group
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 Boost TargetBuyC$10.50 ➝ C$13.00+24.05%
4/17/2024CIBC
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 Boost TargetOutperformC$11.00 ➝ C$13.00+24.05%
4/9/2024Bank of America
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 Boost TargetC$8.50 ➝ C$12.25+11.77%
3/26/2024Stifel Nicolaus
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 Set TargetBuyC$11.25+22.28%
2/26/2024National Bankshares
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 Boost TargetSector PerformC$8.50 ➝ C$8.75+17.61%
2/6/2024Scotiabank
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 Boost TargetOutperformC$10.50 ➝ C$11.00+51.72%
12/22/2023BMO Capital Markets
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 Lower TargetOutperformC$9.50 ➝ C$8.50+14.25%
12/8/2023TD Securities
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 Boost TargetBuyC$10.00 ➝ C$10.50+55.79%
12/6/2023Eight Capital
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 Set TargetBuyC$11.50+78.02%
8/21/2023CSFB
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 Lower TargetOutperformC$9.00 ➝ C$8.00+23.08%
8/21/2023Credit Suisse Group
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 Lower TargetC$9.00 ➝ C$8.00+23.08%
7/7/2023Barclays
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 UpgradeEqual Weight ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:22 PM ET.

HBM Price Target - Frequently Asked Questions

What is Hudbay Minerals's consensus rating and price target?

According to the issued ratings of 12 analysts in the last year, the consensus rating for Hudbay Minerals stock is Moderate Buy based on the current 2 hold ratings and 10 buy ratings for HBM. The average twelve-month price prediction for Hudbay Minerals is C$10.48 with a high price target of C$13.00 and a low price target of C$8.00. Learn more on HBM's analyst rating history.

Do Wall Street analysts like Hudbay Minerals more than its competitors?

Analysts like Hudbay Minerals more than other Basic Materials companies. The consensus rating score for Hudbay Minerals is 2.83 while the average consensus rating score for basic materials companies is 2.57. Learn more on how HBM compares to other companies.

Does Hudbay Minerals's stock price have much upside?

According to analysts, Hudbay Minerals's stock has a predicted upside of 27.32% based on their 12-month stock forecasts.

What analysts cover Hudbay Minerals?

Hudbay Minerals has been rated by Bank of America, Canaccord Genuity Group, CIBC, National Bankshares, Raymond James, Scotiabank, and Stifel Nicolaus in the past 90 days.


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This page (TSE:HBM) was last updated on 4/20/2024 by MarketBeat.com Staff

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