Equities research analysts at GMP Securities started coverage on shares of HudBay Minerals (TSE: HBM) in a research note issued to investors on Monday. The firm set a “buy” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of HudBay Minerals from $12.00 to $10.00 in a research note to investors on Friday, February 22nd. They now have a “hold” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of HudBay Minerals from $12.50 to $12.75 in a research note to investors on Friday, February 22nd. They now have an “outperform” rating on the stock. Finally, analysts at TD Securities cut their price target on shares of HudBay Minerals from $12.00 to $11.00 in a research note to investors on Friday, February 22nd. They now have a “hold” rating on the stock.
HudBay Minerals traded down 1.97% on Monday, hitting $9.46. HudBay Minerals has a 52-week low of $7.36 and a 52-week high of $12.43. The stock’s 50-day moving average is currently $10.93. The company’s market cap is $1.627 billion.
HudBay Minerals Inc. (HudBay) is an integrated mining company. Hudbay produces copper concentrate (containing copper, gold and silver) and zinc metal and focuses on the discovery, production and marketing of base and precious metals.
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