HudBay Minerals Inc. (TSE:HBM) (NYSE:HBM) had its target price lifted by investment analysts at TD Securities from C$7.50 to C$9.50 in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the mining company’s stock. TD Securities’ price target points to a potential upside of 2.37% from the company’s current price.

HBM has been the topic of several other reports. Scotiabank lowered their price target on HudBay Minerals from C$8.00 to C$7.50 and set an “outperform” rating on the stock in a research report on Monday, September 19th. BMO Capital Markets lowered their price target on HudBay Minerals from C$7.50 to C$6.50 and set an “outperform” rating on the stock in a research report on Thursday, September 29th. Canaccord Genuity lowered their price target on HudBay Minerals from C$7.50 to C$6.75 and set a “buy” rating on the stock in a research report on Monday, October 24th. Barclays PLC lifted their price target on HudBay Minerals from C$5.00 to C$7.00 and gave the company an “underweight” rating in a research report on Thursday, November 17th. Finally, Raymond James Financial Inc. decreased their target price on HudBay Minerals from C$8.25 to C$8.00 in a report on Thursday, October 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of C$7.89.

Analyst Recommendations for HudBay Minerals (TSE:HBM)

HudBay Minerals (TSE:HBM) opened at 9.28 on Tuesday. The company’s 50-day moving average price is $6.27 and its 200 day moving average price is $5.91. HudBay Minerals has a 52-week low of $2.26 and a 52-week high of $9.29. The stock’s market capitalization is $2.19 billion.

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HudBay Minerals Company Profile

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.

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