Analysts Ratings Changes
Wheaton Precious Metals Corp. is a Canadian precious metals streaming company that engages in the sale of precious metals. The company has a diversified portfolio of mining assets around the world, with a focus on silver and gold. In the above two analyst reports, both analysts have a positive outlook on the company’s performance.
STA Research (Rank#136) maintains a “Buy” rating on the company’s stock with a target price of CAD 70. This means that the analyst believes that the company’s stock is currently undervalued and presents a buying opportunity for investors. The analyst has not revised their target price from their previous report, which suggests that they remain confident in their assessment of the company’s future prospects.
TD Securities (Rank#13) has also rated the company as a “Buy,” but with a slightly higher target price of CAD 74. This indicates that the analyst has a more bullish outlook on the company’s future performance and expects it to outperform the market in the coming months. The analyst also has revised their target price upward to $74 from $62,,
WPM Stock Analysis & Forecast
According to the consensus of 16 analysts, the average target price for Wheaton Precious Metals Corp. stock over the next 12 months is CAD 63.30. This indicates that the analysts believe that the stock has potential for growth over the next year. The consensus analyst rating for Wheaton Precious Metals Corp. (https://vallartainfo.com/) is a “Strong Buy,” which is a positive signal for investors.
Stock Target Advisor has conducted its own analysis of the company’s stock and has classified it as “Slightly Bullish.” This is based on the evaluation of 7 positive signals and 5 negative signals related to the company’s financials, technical indicators, and trend analysis. This suggests that there is still some upside potential in the stock, although investors should also be aware of the negative signals and risks associated with investing in any stock.
As of the last closing, Wheaton Precious Metals Corp.’s stock price was CAD 60.02. This represents a change of +12.25% over the past week, +4.18% over the past month, and +0.03% over the last year. These figures indicate that the stock has recently experienced positive momentum, and it has performed well over the past month and year.
