Hochschild Mining (LON:HOC) Given New GBX 320 Price Target at JPMorgan Chase & Co.

Hochschild Mining (LON:HOC - Get Free Report) had its target price hoisted by investment analysts at JPMorgan Chase & Co. from GBX 310 ($3.95) to GBX 320 ($4.08) in a research note issued to investors on Friday, Marketbeat.com reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 42.86% from the stock's previous close.

HOC has been the topic of several other research reports. Berenberg Bank reiterated a "hold" rating and issued a GBX 200 ($2.55) target price on shares of Hochschild Mining in a research note on Wednesday, October 16th. Canaccord Genuity Group increased their target price on Hochschild Mining from GBX 220 ($2.80) to GBX 310 ($3.95) and gave the company a "buy" rating in a research note on Thursday, October 24th.

Hochschild Mining Stock Up 0.4 %

LON:HOC traded up GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 224 ($2.86). 635,732 shares of the company's stock were exchanged, compared to its average volume of 1,498,839. The business has a fifty day moving average price of GBX 215.39 and a 200 day moving average price of GBX 191.23. The company has a debt-to-equity ratio of 55.11, a current ratio of 0.89 and a quick ratio of 1.87. The company has a market cap of £1.15 billion, a PE ratio of 4,480.00, a P/E/G ratio of 0.41 and a beta of 1.08. Hochschild Mining has a one year low of GBX 84.75 ($1.08) and a one year high of GBX 251.84 ($3.21).

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.