National Bank Financial lowered shares of Silver Wheaton Corp. (TSE:SLW) from an outperform overweight rating to a sector perform market weight rating in a research note issued to investors on Wednesday morning.
A number of other analysts have also recently issued reports on the company. Canaccord Genuity raised their price objective on Silver Wheaton Corp. from C$30.50 to C$39.50 in a research report on Tuesday, July 12th. Royal Bank Of Canada lifted their price target on Silver Wheaton Corp. to C$46.00 and gave the stock an outperform rating in a report on Wednesday, August 3rd. CSFB raised Silver Wheaton Corp. from a neutral rating to an outperform rating and lifted their price target for the stock from C$28.00 to C$35.00 in a report on Thursday, June 30th. Finally, TD Securities lifted their price target on Silver Wheaton Corp. from C$34.00 to C$36.00 and gave the stock a buy rating in a report on Thursday, August 11th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company has a consensus rating of Buy and an average price target of C$35.55.
Shares of Silver Wheaton Corp. (TSE:SLW) opened at 30.41 on Wednesday. The company’s market cap is $13.39 billion. Silver Wheaton Corp. has a one year low of $14.51 and a one year high of $40.80. The stock’s 50 day moving average price is $34.37 and its 200 day moving average price is $30.34.
About Silver Wheaton Corp.
Silver Wheaton Corp. (Silver Wheaton) is a mining company. The Company is a pure precious metals streaming company engaged in the sale of silver and gold. It has entered into over 19 long-term purchase agreements and approximately two early deposit long-term purchase agreement associated with silver and gold, relating to over 30 different mining assets, whereby Silver Wheaton acquires silver and gold production at various mines.
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