Pan American Silver Corp. (TSE:PAA) was upgraded by equities research analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, StockTargetPrices.com reports.
Several other equities analysts have also recently commented on PAA. Royal Bank Of Canada lifted their target price on shares of Pan American Silver Corp. to C$19.00 and gave the stock a “sector perform” rating in a research report on Monday, June 13th. CSFB set a C$21.00 price target on shares of Pan American Silver Corp. in a report on Thursday, June 30th. Finally, TD Securities lifted their price target on shares of Pan American Silver Corp. from C$18.00 to C$23.00 and gave the stock a “hold” rating in a report on Monday, August 15th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$18.90.
Pan American Silver Corp. (TSE:PAA) traded down 0.35% during midday trading on Monday, reaching $23.02. The company’s stock had a trading volume of 388,831 shares. The stock has a 50-day moving average price of $24.24 and a 200 day moving average price of $20.74. Pan American Silver Corp. has a 12 month low of $7.85 and a 12 month high of $27.56. The company’s market cap is $3.50 billion.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 6th. Investors of record on Tuesday, August 23rd were paid a $0.0125 dividend. The ex-dividend date of this dividend was Friday, August 19th. This represents a $0.05 dividend on an annualized basis and a yield of 0.22%.
Pan American Silver Corp. Company Profile
Pan American Silver Corp. (Pan American) is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia.
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