Royal Bank Of Canada reiterated their outperform rating on shares of HudBay Minerals Inc. (TSE:HBM) (NYSE:HBM) in a research note published on Tuesday.

HBM has been the subject of a number of other reports. Scotiabank restated an outperform rating and issued a C$7.00 price target on shares of HudBay Minerals in a report on Thursday, November 3rd. CSFB cut shares of HudBay Minerals from an outperform rating to a neutral rating in a report on Thursday, July 28th. TD Securities upgraded shares of HudBay Minerals from a hold rating to a buy rating and raised their price target for the stock from C$6.50 to C$7.50 in a report on Thursday, November 3rd. CIBC raised their price objective on shares of HudBay Minerals from C$6.50 to C$7.50 in a research note on Thursday, July 28th. Finally, Raymond James Financial Inc. dropped their price objective on shares of HudBay Minerals from C$8.25 to C$8.00 in a research note on Thursday, October 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. HudBay Minerals currently has an average rating of Buy and a consensus target price of C$7.89.

Analyst Recommendations for HudBay Minerals (TSE:HBM)

Shares of HudBay Minerals (TSE:HBM) opened at 8.83 on Tuesday. HudBay Minerals has a 52-week low of $2.26 and a 52-week high of $8.89. The company’s market capitalization is $2.09 billion. The company has a 50-day moving average of $6.15 and a 200 day moving average of $5.89.

COPYRIGHT VIOLATION NOTICE: “HudBay Minerals Inc. (HBM) Given Outperform Rating at Royal Bank Of Canada” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of US & international copyright laws. The original version of this news story can be accessed at https://www.thecerbatgem.com/2016/11/23/hudbay-minerals-inc-hbm-given-outperform-rating-at-royal-bank-of-canada.html.

About HudBay Minerals

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.

Receive News & Stock Ratings for HudBay Minerals Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HudBay Minerals Inc. and related stocks with our FREE daily email newsletter.