Hudbay Minerals Inc. (TSE:HBM – Get Free Report) (NYSE:HBM) has been assigned an average recommendation of “Buy” from the fourteen analysts that are covering the stock, Marketbeat Ratings reports. Twelve analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$15.54.
Several brokerages have commented on HBM. Royal Bank of Canada dropped their price target on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Jefferies Financial Group upped their price target on Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. National Bankshares upped their price target on Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Finally, Scotiabank upped their price target on Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th.
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Hudbay Minerals Company Profile
Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.
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