Analysts Set Hudbay Minerals Inc. (TSE:HBM) PT at C$15.54

Hudbay Minerals Inc. (TSE:HBMGet 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.

Get Our Latest Analysis on Hudbay Minerals

Hudbay Minerals Stock Performance

Shares of TSE:HBM opened at C$13.01 on Friday. The firm has a market capitalization of C$5.12 billion, a PE ratio of 35.16, a P/E/G ratio of 3.97 and a beta of 1.83. The company has a debt-to-equity ratio of 49.37, a current ratio of 1.87 and a quick ratio of 0.85. The business has a 50-day moving average of C$12.70 and a two-hundred day moving average of C$11.94. Hudbay Minerals has a 12 month low of C$6.41 and a 12 month high of C$14.33.

Hudbay Minerals Company Profile

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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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Analyst Recommendations for Hudbay Minerals (TSE:HBM)

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