Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) had its price target lifted by equities researchers at Jefferies Financial Group from C$25.00 to C$28.00 in a note issued to investors on Friday,BayStreet.CA reports. Jefferies Financial Group’s target price points to a potential upside of 21.79% from the stock’s previous close.
HBM has been the subject of several other research reports. National Bankshares raised their target price on shares of Hudbay Minerals from C$22.00 to C$25.00 in a report on Wednesday, October 8th. Raymond James Financial raised their target price on shares of Hudbay Minerals from C$17.00 to C$18.50 in a report on Thursday, August 21st. Stifel Nicolaus raised their target price on shares of Hudbay Minerals from C$17.00 to C$20.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. The Goldman Sachs Group raised shares of Hudbay Minerals to a “buy” rating in a report on Monday, September 8th. Finally, Veritas raised shares of Hudbay Minerals to a “strong-buy” rating in a report on Monday, July 7th. Three investment analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$20.93.
Get Our Latest Analysis on HBM
Hudbay Minerals Trading Down 5.1%
Hudbay Minerals Company Profile
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.
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