Credit Suisse Group restated their buy rating on shares of Hudbay Minerals (TSE:HBM – Get Rating) (NYSE:HBM) in a research report report published on Tuesday, Stock Target Advisor reports. The brokerage currently has a C$7.00 price target on the mining company’s stock.
A number of other analysts have also recently weighed in on the stock. Cormark dropped their target price on shares of Hudbay Minerals to C$8.00 and set a buy rating on the stock in a report on Friday, July 22nd. Raymond James lowered their price target on shares of Hudbay Minerals from C$12.00 to C$8.00 and set an outperform rating for the company in a research report on Tuesday, July 19th. BMO Capital Markets lowered their price target on shares of Hudbay Minerals from C$12.50 to C$10.00 in a research report on Wednesday, August 17th. Stifel Nicolaus lowered their price target on shares of Hudbay Minerals from C$16.50 to C$12.00 in a research report on Tuesday, July 19th. Finally, CIBC lowered their price target on shares of Hudbay Minerals from C$12.00 to C$10.00 in a research report on Wednesday, July 20th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of C$9.02.
Hudbay Minerals Stock Down 3.3 %
Shares of TSE:HBM opened at C$5.56 on Tuesday. The stock has a market capitalization of C$1.46 billion and a price-to-earnings ratio of -9.30. Hudbay Minerals has a 1-year low of C$4.07 and a 1-year high of C$11.17. The company’s fifty day moving average is C$5.26 and its two-hundred day moving average is C$6.98. The company has a debt-to-equity ratio of 78.27, a quick ratio of 0.82 and a current ratio of 1.41.
Hudbay Minerals Announces Dividend
Hudbay Minerals Company Profile
Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals.
- 3 Airline Stocks Stuck in a Holding Pattern
- Roku Stock is Down but Not Out
- If You’re Hungry for Value, Take a Bite on Ruth’s Hospitality Grp
- Is Ford Rolling To A Rebound After Its Q3 Warning
- Has AMD stock stock fallen too far?
Receive News & Ratings for Hudbay Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudbay Minerals and related companies with MarketBeat.com's FREE daily email newsletter.