Wheaton Precious Metals (TSE:WPM – Free Report) had its target price increased by TD Securities from C$76.00 to C$78.00 in a research report released on Wednesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.
Other research analysts have also issued reports about the stock. UBS Group raised shares of Wheaton Precious Metals to a “strong-buy” rating in a research note on Monday, November 18th. Stifel Canada upgraded Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Five investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$94.86.
Get Our Latest Stock Analysis on WPM
Wheaton Precious Metals Stock Performance
WPM stock opened at C$99.89 on Wednesday. The stock’s fifty day moving average is C$88.62 and its two-hundred day moving average is C$86.37. The stock has a market capitalization of C$31.68 billion, a price-to-earnings ratio of 51.98 and a beta of 0.70. Wheaton Precious Metals has a 1 year low of C$54.95 and a 1 year 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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