Wheaton Precious Metals Corp. (TSE:WPM – Get Free Report) has been assigned a consensus rating of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$94.86.
WPM has been the subject of several analyst reports. TD Securities increased their target price on Wheaton Precious Metals from C$76.00 to C$78.00 and gave the company a “buy” rating in a report on Wednesday. Stifel Canada raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, UBS Group upgraded shares of Wheaton Precious Metals to a “strong-buy” rating in a research note on Monday, November 18th.
Get Our Latest Stock Analysis on Wheaton Precious Metals
Wheaton Precious Metals Stock Down 2.6 %
Shares of TSE WPM opened at C$98.21 on Tuesday. The firm has a market capitalization of C$31.15 billion, a P/E ratio of 51.10 and a beta of 0.70. The stock’s 50-day simple moving average is C$88.29 and its two-hundred day simple moving average is C$86.19. Wheaton Precious Metals has a twelve month low of C$53.05 and a twelve month high of C$101.33.
About Wheaton Precious Metals
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 2017. Wheaton Precious Metals Corp.
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