Investment Analysts’ Weekly Ratings Changes for HudBay Minerals (HBM)

Several investment firms have updated their stock ratings and price targets on shares of HudBay Minerals (TSE: HBM) in the last week:

  • HudBay Minerals had its price target lowered by analysts at Desjardins from $13.65 to $13.35. They now have a “buy” rating on the stock.
  • HudBay Minerals had its price target lowered by analysts at RBC Capital from $13.00 to $12.00. They now have an “outperform” rating on the stock.
  • HudBay Minerals had its price target raised by analysts at Raymond James from $12.50 to $12.75. They now have an “outperform” rating on the stock.
  • HudBay Minerals had its price target lowered by analysts at TD Securities from $12.00 to $11.00. They now have a “hold” rating on the stock.
  • HudBay Minerals had its price target lowered by analysts at Canaccord Genuity from $12.00 to $10.00. They now have a “hold” rating on the stock.

Shares of HudBay Minerals traded down 0.10% during mid-day trading on Thursday, hitting $9.89. HudBay Minerals has a 52 week low of $7.36 and a 52 week high of $12.43. The stock’s 50-day moving average is currently $11.00. The company’s market cap is $1.701 billion.

HudBay Minerals Inc. (HudBay) is an integrated mining company. Hudbay produces copper concentrate (containing copper, gold and silver) and zinc metal and focuses on the discovery, production and marketing of base and precious metals.

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