Hochschild Mining (LON:HOC) was upgraded by analysts at JPMorgan Chase & Co. to a “neutral” rating in a research note issued to investors on Thursday. The firm presently has a GBX 190 ($2.48) price objective on the stock, down from their prior price objective of GBX 215 ($2.81). JPMorgan Chase & Co.’s price objective suggests a potential upside of 9.35% from the stock’s current price.
HOC has been the subject of several other research reports. Barclays restated an “equal weight” rating on shares of Hochschild Mining in a research report on Friday, October 12th. UBS Group dropped their price objective on shares of Hochschild Mining from GBX 200 ($2.61) to GBX 170 ($2.22) and set a “neutral” rating for the company in a research report on Thursday, September 27th. Numis Securities upgraded shares of Hochschild Mining to a “buy” rating and set a GBX 210 ($2.74) price objective for the company in a research report on Thursday, August 16th. Finally, BMO Capital Markets restated an “outperform” rating and issued a GBX 270 ($3.53) price objective on shares of Hochschild Mining in a research report on Thursday, August 16th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 211.67 ($2.77).
HOC stock opened at GBX 173.75 ($2.27) on Thursday. Hochschild Mining has a fifty-two week low of GBX 196.15 ($2.56) and a fifty-two week high of GBX 337.60 ($4.41).
Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.
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