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Brokers upbeat on Horizonte Minerals despite economic uncertainty

16th Dec '20 by Ben Hobson

The Horizonte Minerals (LON:HZM) share price has risen by 9.84% over the past month and it’s currently trading at 6.61. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Horizonte Minerals currently has:

  • 2 Buy recommendations
  • 0 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:HZM »

Researching beyond broker forecasts

At its current price of 6.61, shares in Horizonte Minerals are trading at a discount of -25.2% to its 52 week high price. The 1-year performance of the shares has been 100.0%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Horizonte Minerals it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Horizonte Minerals that you can find out about here.

Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.

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Share Price
8.05p
Change Today
-0.62%
Horizonte Minerals ( )

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