Hochschild Mining (LON:HOC) Given New GBX 950 Price Target at JPMorgan Chase & Co.

Hochschild Mining (LON:HOC) had its target price decreased by JPMorgan Chase & Co. from GBX 990 to GBX 950 in a research note published on Tuesday morning,London Stock Exchange reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

HOC has been the subject of several other reports. Berenberg Bank raised their price objective on shares of Hochschild Mining from GBX 430 to GBX 570 and gave the stock a “hold” rating in a research report on Thursday, January 22nd. Canaccord Genuity Group restated a “buy” rating and set a GBX 750 price objective on shares of Hochschild Mining in a research report on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Hochschild Mining currently has an average rating of “Moderate Buy” and an average price target of GBX 582.

Hochschild Mining Trading Down 2.5%

Shares of HOC stock opened at GBX 601.50 on Tuesday. The firm has a 50 day moving average price of GBX 668.31 and a two-hundred day moving average price of GBX 516.70. The company has a quick ratio of 1.87, a current ratio of 0.99 and a debt-to-equity ratio of 47.67. The company has a market capitalization of £3.09 billion, a PE ratio of 15.42, a price-to-earnings-growth ratio of 0.41 and a beta of 1.00. Hochschild Mining has a 12-month low of GBX 231 and a 12-month high of GBX 849.50.

Hochschild Mining Company Profile

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. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.