Hudbay Minerals (NYSE:HBM) RBC cuts target to $5.00

Hudbay Minerals (TSE:HBM) had its target cut by Royal Bank of Canada from $6.00 to $5.00 in a report released on Tuesday. The analyst has  a sector perform rating on the mining stock. RBC ’s target  gives HBM a upside of 33% from the yesterday’s close.

STA Research(stocktargetadvisor) has a average target of $6.11, a 70 percent potential increase with a consensus Buy rating. However, STA Research has a slightly bearish sentiment on the stock.

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