Hochschild Mining slips after Peel Hunt cuts target price
23/10/2026 11:52
BUZZ-Hochschild Mining slips after Peel Hunt cuts target price ** Shares of Hochschild Mining HOCM.L down 1.4% at 442p
** Peel Hunt cuts target price to 750p from 770p
** "Lower-than-expected Q3 realised prices, with similar Q4 assumptions, lead us to cut core profit by 6% and EPS by 9%" - Peel Hunt
** Brokerage maintain All-In Sustaining Cost at the upper end of guidance due to ongoing consumables cost pressures
** 10 of the 11 analysts covering the stock have a "buy" or higher rating and 1 has "hold"; median PT is 770p - LSEG data
**YTD, stock has fallen ~14%
(Reporting by Tuhina in Bengaluru)