Hochschild Mining (HOC.L) 05-12-19
Will Hochschild Mining (HOC.L) shares break below the 160p support zone, or will it return to highs of 225p (+40%)?
- Currently trading around the 160p support at 160.2p (at time of writing).
- The support has proven robust to date. Will the pattern repeat?
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Will the share price bounce once again to recent highs of 225p? (+40%).
- Technical traders should be mindful of news and developments. Check our website and the press for updates.
- Shares -29% from 12-month highs; +3% from 12 month lows.
Latest News
28 Nov: Berenberg reiterates its hold rating on Hochschild Mining (HOC) and reduced the target price to 170p (from 190p).
28 Nov: BMO Capital Markets reiterates its outperform rating on Hochschild Mining (HOC) and reduced the target price to 220p (from 260p).
27 Nov: Peel Hunt reiterates its buy rating on Hochschild Mining (HOC) and reduced the target price to 225p (from 260p).
26 Nov: Bank of America Merrill Lynch has upgraded its rating on Hochschild Mining (HOC) to outperform (from neutral) and reduced the target price to 220p (from 260p).
22 Nov: RBC Capital Markets reiterates its outperform rating on Hochschild Mining (HOC) and reduced the target price to 280p (from 300p).
06 Nov: JP Morgan Cazenove reiterates its neutral rating on Hochschild Mining (HOC) and reduced the target price to 195p (from 205p).
24 Oct: UBS reiterates its buy rating on Hochschild Mining (HOC) and reduced the target price to 230p (from 250p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires