JPMorgan Chase & Co. Raises Hochschild Mining (LON:HOC) Price Target to GBX 175

Hochschild Mining (LON:HOC) had its target price boosted by JPMorgan Chase & Co. from GBX 170 ($2.22) to GBX 175 ($2.29) in a research report released on Thursday morning, Digital Look reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other research firms have also recently weighed in on HOC. Berenberg Bank reissued a sell rating and issued a GBX 190 ($2.48) price objective on shares of Hochschild Mining in a research report on Wednesday, August 14th. Numis Securities lowered their price objective on Hochschild Mining from GBX 190 ($2.48) to GBX 180 ($2.35) and set a hold rating for the company in a research report on Wednesday, May 1st. Barclays raised their price objective on Hochschild Mining from GBX 185 ($2.42) to GBX 195 ($2.55) and gave the stock an equal weight rating in a research report on Thursday, July 4th. Royal Bank of Canada reissued an outperform rating on shares of Hochschild Mining in a research report on Monday, August 5th. Finally, UBS Group raised Hochschild Mining to a buy rating and raised their price objective for the stock from GBX 215 ($2.81) to GBX 230 ($3.01) in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 205 ($2.68).

Hochschild Mining stock opened at GBX 209.80 ($2.74) on Thursday. The company has a debt-to-equity ratio of 19.88, a current ratio of 0.99 and a quick ratio of 0.73. The stock has a market capitalization of $1.07 billion and a price-to-earnings ratio of 83.92. Hochschild Mining has a 1-year low of GBX 146.65 ($1.92) and a 1-year high of GBX 232.20 ($3.03). The business has a fifty day moving average price of GBX 206.16 and a 200-day moving average price of GBX 190.96.

The company also recently announced a dividend, which will be paid on Thursday, September 19th. Investors of record on Thursday, August 29th will be paid a $0.02 dividend. This is a positive change from Hochschild Mining’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, August 29th. This represents a yield of 0.77%. Hochschild Mining’s dividend payout ratio (DPR) is 1.20%.

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.

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Analyst Recommendations for Hochschild Mining (LON:HOC)

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