Shares of Wheaton Precious Metals Corp. (NYSE:WPM – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $55.11.
Several brokerages have issued reports on WPM. CIBC boosted their target price on Wheaton Precious Metals from $66.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, February 7th. TheStreet lowered Wheaton Precious Metals from a “b-” rating to a “c+” rating in a research note on Friday, November 10th. BMO Capital Markets lowered their target price on Wheaton Precious Metals from $58.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, November 10th. Finally, Raymond James boosted their target price on Wheaton Precious Metals from $57.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, January 12th.
Hedge Funds Weigh In On Wheaton Precious Metals
Wheaton Precious Metals Trading Up 0.1 %
WPM stock opened at $45.55 on Tuesday. The stock’s fifty day simple moving average is $47.82 and its two-hundred day simple moving average is $44.94. Wheaton Precious Metals has a 1-year low of $38.37 and a 1-year high of $52.76. The stock has a market cap of $20.64 billion, a P/E ratio of 38.28, a P/E/G ratio of 9.06 and a beta of 0.80.
Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 10, 2017. Wheaton Precious Metals Corp.
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