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Hudbay Minerals (HBM) Stock Forecast & Price Target

Hudbay Minerals logo
$8.24 +0.33 (+4.17%)
(As of 12/20/2024 05:31 PM ET)

Hudbay Minerals - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
6

Based on 6 Wall Street analysts who have issued ratings for Hudbay Minerals in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 4 have given a buy rating, and 2 have given a strong buy rating for HBM.

Consensus Price Target

$11.17
35.52% Upside
According to the 6 analysts' twelve-month price targets for Hudbay Minerals, the average price target is $11.17. The highest price target for HBM is $14.00, while the lowest price target for HBM is $9.00. The average price target represents a forecasted upside of 35.52% from the current price of $8.24.
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HBM Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$11.17$11.17$10.88$9.75
Forecasted Upside35.52% Upside22.58% Upside39.07% Upside73.49% Upside
Consensus Rating
Buy
Buy
Buy
Buy

HBM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HBM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Hudbay Minerals Stock vs. The Competition

TypeHudbay MineralsBasic Materials CompaniesS&P 500
Consensus Rating Score
3.33
2.76
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside35.52% Upside138.69% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent HBM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/14/2024Jefferies Financial Group
2 of 5 stars
 UpgradeHold ➝ Buy
7/22/2024Stifel Canada
5 of 5 stars
C. Mcgill
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UpgradeStrong-Buy
5/14/2024National Bank Financial
5 of 5 stars
S. Nagle
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UpgradeHold ➝ Strong-Buy
4/9/2024Bank of America
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 UpgradeNeutral ➝ Buy$9.00+20.56%
3/26/2024Stifel Nicolaus
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 Initiated CoverageBuy
3/20/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$9.00 ➝ $10.50+53.73%
10/2/2023Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$10.00+123.21%
9/19/2023Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$10.00 ➝ $10.50+117.84%
9/12/2023TD Securities
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 Lower TargetBuy ➝ Buy$11.00 ➝ $10.50+118.75%
8/21/2023Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform$9.00 ➝ $8.00+67.36%
7/7/2023Barclays
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 UpgradeEqual Weight ➝ Overweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:34 AM ET.


HBM Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Hudbay Minerals is $11.17, with a high forecast of $14.00 and a low forecast of $9.00.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There are currently 4 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HBM shares.

According to analysts, Hudbay Minerals's stock has a predicted upside of 35.52% based on their 12-month stock forecasts.

Analysts like Hudbay Minerals more than other "basic materials" companies. The consensus rating for Hudbay Minerals is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how HBM compares to other companies.


This page (NYSE:HBM) was last updated on 12/21/2024 by MarketBeat.com Staff
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