UBS AG lowered shares of Hochschild Mining (LON:HOC) to a neutral rating in a report released on Tuesday, Analyst Ratings Net reports. UBS AG currently has GBX 150 ($2.46) price objective on the stock, down from their previous price objective of GBX 200 ($3.27).
UBS AG has also modified their ratings on a number of other stocks in the few days. The firm initiated coverage on shares of Sony Co.. They issued a sell rating on that stock and set a $399.00 price target. Also, UBS AG initiated coverage on shares of Imax Corporation. They issued a neutral rating on that stock and set a $30.00 price target. They noted that the move was a valuation call. Finally, UBS AG raised its price target on shares of Valeant Pharmaceuticals from $115.00 to $125.00. They have a buy rating on that stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an underweight rating on shares of Hochschild Mining in a research note to investors on Thursday, November 28th. Separately, analysts at Westhouse Securities reiterated a buy rating on shares of Hochschild Mining in a research note to investors on Wednesday, November 27th. They now have a GBX 200 ($3.27) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a hold rating on shares of Hochschild Mining in a research note to investors on Thursday, November 14th. They now have a GBX 180 ($2.95) price target on the stock. Six analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 189.83 ($3.11).
Hochschild Mining (LON:HOC) traded down 1.44% on Tuesday, hitting GBX 123.30. 529,738 shares of the company’s stock traded hands. Hochschild Mining has a 52 week low of GBX 119.80 and a 52 week high of GBX 505.50. The stock has a 50-day moving average of GBX 153.1 and a 200-day moving average of GBX 192.6. The company’s market cap is £424.8 million.
Hochschild Mining plc is a precious metals company with a primary focus on the exploration, mining, processing and sale of silver and gold.
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