JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Hochschild Mining (LON:HOC – Free Report) in a report released on Thursday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has a GBX 300 ($3.74) target price on the stock.
Several other brokerages have also weighed in on HOC. Canaccord Genuity Group lowered their target price on shares of Hochschild Mining from GBX 310 ($3.87) to GBX 285 ($3.56) and set a “buy” rating for the company in a research note on Thursday. Berenberg Bank reaffirmed a “hold” rating and set a GBX 200 ($2.50) price objective on shares of Hochschild Mining in a research report on Wednesday, October 16th. Finally, Canaccord Genuity Group boosted their target price on Hochschild Mining from GBX 220 ($2.75) to GBX 310 ($3.87) and gave the company a “buy” rating in a research report on Thursday, October 24th.
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Hochschild Mining Stock Down 2.3 %
About Hochschild Mining
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.
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