RBC Capital analyst Sam Crittenden maintained a Buy rating on Hudbay Minerals (HBM – Research Report) on July 12 and set a price target of C$12.00. The company's shares closed last Friday at $3.26, close to its 52-week low of $3.08. According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 12.9% and a 47.3% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Freeport-McMoRan. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hudbay Minerals with a $9.21 average price target, representing a 186.0% upside.
https://www.tipranks.com/news/blurbs/rbc-capital-thinks-hudbay-minerals-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
HudBay Minerals (NYSE:HBM)
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