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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 45.63% upside for Hudbay Minerals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
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 69.90% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Hudbay Minerals (NYSE:HBM) was provided by Jefferies, and Hudbay Minerals maintained their hold rating.
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.
There is no last downgrade for Hudbay Minerals.
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.
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 $8.24, which is out of the analyst’s predicted range.
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