Hochschild Mining (LON:HOC) Upgraded to Overweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Hochschild Mining (LON:HOC) to an overweight rating in a report issued on Thursday, MarketBeat.com reports. They currently have GBX 990 price target on the stock, up from their prior price target of GBX 890.

HOC has been the subject of several other reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 750 target price on shares of Hochschild Mining in a research note on Thursday. Berenberg Bank lifted their price objective on shares of Hochschild Mining from GBX 430 to GBX 570 and gave the company a “hold” rating in a report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Hochschild Mining has an average rating of “Moderate Buy” and a consensus price target of GBX 590.

Hochschild Mining Price Performance

Shares of LON HOC opened at GBX 681.50 on Thursday. The stock has a market capitalization of £3.51 billion, a price-to-earnings ratio of 23.50, a PEG ratio of 0.41 and a beta of 0.37. Hochschild Mining has a 12 month low of GBX 216.50 and a 12 month high of GBX 849.50. The firm’s 50 day simple moving average is GBX 666.06 and its 200-day simple moving average is GBX 478.96. The company has a debt-to-equity ratio of 47.67, a current ratio of 0.99 and a quick ratio of 1.87.

Hochschild Mining News Summary

Here are the key news stories impacting Hochschild Mining this week:

• Positive Sentiment: JPMorgan upgraded Hochschild to “overweight” and raised its price target to GBX 990 (from GBX 890), citing more bullish outlook on the company’s earnings/valuation — a key driver of the share rise. JPMorgan upgrades Hochschild to overweight; shares rise
• Positive Sentiment: Canaccord Genuity reaffirmed a “buy” rating with a GBX 750 target, providing additional broker support behind the stock’s rally. Broker ratings (Canaccord reaffirm)
• Positive Sentiment: Hochschild reported record profits for the period, reinforcing the case for higher valuations and supporting bullish analyst calls. Hochschild Mining hits record profits
• Neutral Sentiment: Company’s H2 FY2025 earnings call transcript is available for detail on cost, production and guidance — useful for confirming whether earnings strength is sustainable. H2 FY2025 earnings call transcript
• Neutral Sentiment: Analyst commentary pieces reassessing the company after a volatile year highlight price swings and model risk; helpful background but not immediate catalysts. Reassessing Hochschild Mining (LSE:HOC)
• Negative Sentiment: Despite record earnings, Hochschild’s dividend missed estimates — a disappointment that has previously put downward pressure on the stock and may cap gains until dividend policy clarity returns. Dividend misses estimates despite record earnings; stock down

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.