JPMorgan Chase & Co. Raises Hochschild Mining (LON:HOC) Price Target to GBX 260

Hochschild Mining (LON:HOCFree Report) had its target price increased by JPMorgan Chase & Co. from GBX 240 ($3.07) to GBX 260 ($3.32) in a report published on Tuesday morning, Marketbeat.com reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research analysts have also recently issued reports on the stock. Canaccord Genuity Group reiterated a buy rating and issued a GBX 190 ($2.43) target price on shares of Hochschild Mining in a research note on Tuesday, May 14th. Berenberg Bank lifted their target price on shares of Hochschild Mining from GBX 150 ($1.92) to GBX 170 ($2.17) and gave the company a buy rating in a research note on Tuesday, March 26th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of Buy and an average target price of GBX 170 ($2.17).

Read Our Latest Research Report on HOC

Hochschild Mining Stock Performance

LON:HOC opened at GBX 183.60 ($2.34) on Tuesday. Hochschild Mining has a 1 year low of GBX 68.29 ($0.87) and a 1 year high of GBX 185.60 ($2.37). The firm has a 50 day moving average of GBX 151.75 and a 200-day moving average of GBX 118.10. The company has a current ratio of 0.94, a quick ratio of 1.87 and a debt-to-equity ratio of 52.52. The stock has a market capitalization of £944.55 million, a P/E ratio of -2,295.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.12.

About Hochschild Mining

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Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.

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