JPMorgan sees 40% upside in Hochschild as gold surge powers bumper earnings outlook

JPMorgan sees 40% upside in Hochschild as gold surge powers bumper earnings outlook Proactive uses images sourced from Shutterstock Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF, FRA:H3M), the FTSE 250 precious metals producer, rose 4% to 674p on Thursday after JPMorgan upgraded the stock to 'overweight'. The US investment bank also lifted its price target from 890p to 990p, pointing to forecast earnings more than doubling over the next two years against a backdrop of surging gold and silver prices. The U ...