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RBC Capital Sticks to Its Buy Rating for Hudbay Minerals (HBM)

Tipranks - Tipranks - Fri Feb 27, 7:48PM CST

RBC Capital analyst Sam Crittenden maintained a Buy rating on Hudbay Minerals on February 25 and set a price target of C$28.00. The company’s shares closed yesterday at C$37.90.

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Crittenden covers the Basic Materials sector, focusing on stocks such as Capstone Copper, Hudbay Minerals, and First Quantum Minerals. According to TipRanks, Crittenden has an average return of 30.8% and a 67.09% success rate on recommended stocks.

In addition to RBC Capital, Hudbay Minerals also received a Buy from Bank of America Securities’s Lawson Winder in a report issued yesterday. However, on February 22, TipRanks – Anthropic downgraded Hudbay Minerals (NYSE: HBM) to a Hold.

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HBM market cap is currently C$15.1B and has a P/E ratio of 18.98.

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