Analyst Activity – Royal Bank of Canada Lowers Its Price Target On Hudbay Minerals (TSE:HBM) to C$12.00

Analyst Ratings For Hudbay Minerals (TSE:HBM)

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Today, Royal Bank of Canada lowered its price target on Hudbay Minerals (TSE:HBM) to C$12.00 per share.

There are 3 hold ratings, 5 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Hudbay Minerals (TSE:HBM) is Buy (Score: 2.78) with a consensus target price of C$11.11 per share, a potential .

Some recent analyst ratings include

  • 5/11/2017-ValuEngine Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 5/4/2017-TD Securities Reiterated Rating of Buy.
  • 5/4/2017-Scotiabank Reiterated Rating of Focus Stock.
  • 4/13/2017-CSFB initiated coverage with a Neutral rating.

    About Hudbay Minerals (TSE:HBM)
    Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America. Through its subsidiaries, the Company owns approximately four polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), as well as a copper project in Arizona (the United States). The Company owns Constancia mine, an open pit copper mine in Peru. It owns 777 mine, an underground copper, zinc, gold and silver mine in Flin Flon, Manitoba. It owns Lalor mine, an underground zinc, copper and gold mine near Snow Lake, Manitoba. It also owns Rosemont project, a copper development project in Pima County, Arizona, in the United States.

    Recent Trading Activity for Hudbay Minerals (TSE:HBM)
    Shares of Hudbay Minerals closed the previous trading session at 7.60 up +0.21 2.84% with 2,362,418 shares trading hands.

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