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Hudbay Minerals (TSE:HBM) Lowered to Sector Perform Rating by National Bankshares
['Ethan Ryder']
Ticker Report
Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) was downgraded by equities research analysts at National Bankshares from an “outperform” rating to a “sector perform” rating in a note issued to investors on Thursday,BayStreet.CA reports.
They currently have a C$40.00 target price on the mining company’s stock, up from their previous target price of C$28.00.
National Bankshares’ price target points to a potential upside of 10.80% from the stock’s current price.
Get Hudbay Minerals alerts:View Our Latest Stock Report on Hudbay MineralsHudbay Minerals Stock PerformanceShares of HBM traded down C$0.60 during trading hours on Thursday, hitting C$36.10.
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