Silver Standard Resources Inc. (TSE:SSO) had its price target boosted by investment analysts at Deutsche Bank AG from C$14.00 to C$15.50 in a research note issued on Monday, StockTargetPrices.com reports. Deutsche Bank AG’s price target would suggest a potential downside of 1.96% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. National Bank Financial reissued an “outperform overweight” rating on shares of Silver Standard Resources in a research note on Tuesday, June 28th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$16.50 target price on shares of Silver Standard Resources in a research note on Friday, August 12th. Finally, CSFB set a C$16.00 target price on Silver Standard Resources in a research note on Thursday, June 30th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of C$14.22.
Silver Standard Resources (TSE:SSO) traded down 3.04% on Monday, hitting $15.33. 202,015 shares of the stock were exchanged. The company’s 50-day moving average is $17.12 and its 200-day moving average is $14.10. The company’s market cap is $1.83 billion. Silver Standard Resources has a 52 week low of $5.28 and a 52 week high of $20.48.
About Silver Standard Resources
Silver Standard Resources Inc is a resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company operates through three segments: Pirquitas mine, Marigold mine, and Exploration and evaluation properties.
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