Hochschild Mining (LON:HOC) had its target price raised by Barclays from GBX 170 ($2.22) to GBX 185 ($2.42) in a report released on Friday morning, ThisIsMoney.Co.Uk reports. Barclays currently has an equal weight rating on the stock.
A number of other research analysts have also recently issued reports on HOC. UBS Group reiterated a neutral rating on shares of Hochschild Mining in a report on Thursday, January 17th. JPMorgan Chase & Co. lifted their price objective on shares of Hochschild Mining from GBX 145 ($1.89) to GBX 160 ($2.09) and gave the company a neutral rating in a report on Thursday, January 31st. Numis Securities cut shares of Hochschild Mining to a hold rating and set a GBX 190 ($2.48) price objective for the company. in a report on Thursday, February 21st. Finally, Royal Bank of Canada lifted their price objective on shares of Hochschild Mining from GBX 245 ($3.20) to GBX 250 ($3.27) and gave the company an outperform rating in a report on Friday, March 8th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 210 ($2.74).
Shares of LON HOC opened at GBX 196 ($2.56) on Friday. The stock has a market cap of $1.00 billion and a PE ratio of 78.40. Hochschild Mining has a 1 year low of GBX 146.65 ($1.92) and a 1 year high of GBX 228.60 ($2.99). The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 19.88.
The company also recently declared a dividend, which will be paid on Wednesday, June 12th. Investors of record on Thursday, May 16th will be given a dividend of $0.02 per share. This represents a dividend yield of 0.73%. The ex-dividend date is Thursday, May 16th. Hochschild Mining’s payout ratio is currently 1.20%.
About Hochschild Mining
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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