Out of 8 analysts covering Hudbay Minerals Inc (TSE:HBM), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. $12 is the highest target while $4.25 is the lowest. The $8.27 average target is 65.07% above today’s ($5.01) stock price. Hudbay Minerals Inc has been the topic of 27 analyst reports since September 21, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the stock on July 29 with “Outperform” rating. Below is a list of HudBay Minerals Inc. (TSE:HBM) latest ratings and price target changes.
29/07/2016 Broker: Scotia Capital Rating: Outperform New Target: $8.00 Maintain
16/05/2016 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform New Target: $7.50 Upgrade
02/05/2016 Broker: Paradigm Research Rating: Buy Old Target: $7.50 New Target: $9.00 Target Up
02/05/2016 Broker: Raymond James Rating: Old Target: $7.25 New Target: $7.75 Target Up
29/04/2016 Broker: Canaccord Genuity Rating: Buy Old Target: $7.50 New Target: $7.00 Target Down
29/04/2016 Broker: IBC Rating: Old Target: $5.75 New Target: $6.50 Target Up
29/04/2016 Broker: National Bank Canada Rating: Sector Perform Old Target: $4.00 New Target: $5.75 Target Up
29/04/2016 Broker: RBC Capital Markets Rating: Sector Perform Maintain
29/04/2016 Broker: TD Securities Rating: Hold Old Target: $5.75 New Target: $6.50 Target Up
About 281,284 shares traded hands. HudBay Minerals Inc. (TSE:HBM) has risen 69.18% since February 5, 2016 and is uptrending. It has outperformed by 52.69% the S&P500.
HudBay Minerals Inc. is a Canada-based mining company. The company has a market cap of $1.18 billion. The Firm is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. It currently has negative earnings. The Firm is focused on the discovery, production and marketing of base and precious metals.
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