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Hudbay Minerals
HBMNYSE
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Hudbay Minerals (NYSE:HBM) Stock, Analyst Ratings, Price Targets, Forecasts
Hudbay Minerals Inc has a consensus price target of $10.21 based on the ratings of 8 analysts. The high is $14 issued by Jefferies on July 12, 2024. The low is $8 issued by Credit Suisse on August 21, 2023. The 3 most-recent analyst ratings were released by Jefferies, Jefferies, and B of A Securities on July 12, 2024, May 3, 2024, and April 9, 2024, respectively. With an average price target of $12 between Jefferies, Jefferies, and B of A Securities, there's an implied 31.87% upside for Hudbay Minerals Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
B of A Securities
Raymond James
TD Securities
Credit Suisse
1calculated from analyst ratings
Analyst Ratings for Hudbay Minerals
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/12/2024 | Buy Now | 53.85% | Jefferies | Matthew Murphy | $13 → $14 | Maintains | Hold | Get Alert |
| 05/03/2024 | Buy Now | 42.86% | Jefferies | Matthew Murphy | → $13 | Initiates | → Hold | Get Alert |
| 04/09/2024 | Buy Now | -1.1% | B of A Securities | Lawson Winder | → $9 | Upgrade | Neutral → Buy | Get Alert |
| 03/20/2024 | Buy Now | 15.38% | Raymond James | Farooq Hamed | $9 → $10.5 | Maintains | Outperform | Get Alert |
| 09/12/2023 | Buy Now | 15.38% | TD Securities | Greg Barnes | $11 → $10.5 | Maintains | Buy | Get Alert |
| 08/21/2023 | Buy Now | -12.09% | Credit Suisse | Anita Soni | $9 → $8 | Maintains | Outperform | Get Alert |
| 07/07/2023 | Buy Now | — | Barclays | Matthew Murphy | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 06/28/2023 | Buy Now | 15.38% | Scotiabank | Orest Wowkodaw | $11 → $10.5 | Maintains | Sector Outperform | Get Alert |
| 06/21/2023 | Buy Now | -1.1% | CIBC | Oscar Cabrera | $10 → $9 | Maintains | Outperformer | Get Alert |
| 04/18/2023 | Buy Now | 20.88% | Scotiabank | Orest Wowkodaw | $10 → $11 | Maintains | Sector Outperform | Get Alert |
| 03/31/2023 | Buy Now | 9.89% | Scotiabank | Orest Wowkodaw | $10 → $10 | Maintains | Sector Outperform | Get Alert |
| 03/14/2023 | Buy Now | 9.89% | Scotiabank | Orest Wowkodaw | $9 → $10 | Maintains | Sector Outperform | Get Alert |
FAQ
What is the target price for Hudbay Minerals (HBM) stock?
The latest price target for Hudbay Minerals (NYSE:HBM) was reported by Jefferies on July 12, 2024. The analyst firm set a price target for $14.00 expecting HBM to rise to within 12 months (a possible 53.85% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Hudbay Minerals (HBM)?
The latest analyst rating for Hudbay Minerals (NYSE:HBM) was provided by Jefferies, and Hudbay Minerals maintained their hold rating.
When was the last upgrade for Hudbay Minerals (HBM)?
The last upgrade for Hudbay Minerals Inc happened on April 9, 2024 when B of A Securities raised their price target to $9. B of A Securities previously had a neutral for Hudbay Minerals Inc.
When was the last downgrade for Hudbay Minerals (HBM)?
There is no last downgrade for Hudbay Minerals.
When is the next analyst rating going to be posted or updated for Hudbay Minerals (HBM)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hudbay Minerals, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hudbay Minerals was filed on July 12, 2024 so you should expect the next rating to be made available sometime around July 12, 2025.
Is the Analyst Rating Hudbay Minerals (HBM) correct?
While ratings are subjective and will change, the latest Hudbay Minerals (HBM) rating was a maintained with a price target of $13.00 to $14.00. The current price Hudbay Minerals (HBM) is trading at is $9.10, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.