National Bank Financial Lowers Wheaton Precious Metals (TSE:WPM) Price Target to C$50.00

Share on StockTwits

Wheaton Precious Metals (TSE:WPM) had its price objective decreased by research analysts at National Bank Financial from C$52.00 to C$50.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 20.11% from the stock’s current price.

Shares of Wheaton Precious Metals stock opened at C$41.63 on Wednesday. The company has a debt-to-equity ratio of 16.50, a current ratio of 2.39 and a quick ratio of 1.72. Wheaton Precious Metals has a fifty-two week low of C$26.50 and a fifty-two week high of C$45.00. The firm has a fifty day moving average price of C$39.27 and a two-hundred day moving average price of C$37.23. The company has a market cap of $16.71 billion and a PE ratio of 219.11.

In other Wheaton Precious Metals news, Senior Officer Randy Smallwood acquired 9,775 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was bought at an average price of C$39.86 per share, for a total transaction of C$389,638.34. Following the purchase, the insider now owns 208,750 shares in the company, valued at approximately C$8,320,921.13. Also, Director John Brough sold 4,705 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of C$36.84, for a total transaction of C$173,347.73. Over the last three months, insiders sold 95,955 shares of company stock valued at $3,579,892.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells silver and gold ores. It has agreements for 19 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.

Further Reading: What is a resistance level?

Receive News & Ratings for Wheaton Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheaton Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Nuveen Asset Management LLC Has $48.56 Million Stake in Discovery Communications Inc.
Nuveen Asset Management LLC Has $48.56 Million Stake in Discovery Communications Inc.
Norges Bank Makes New Investment in Charles River Laboratories Intl. Inc
Norges Bank Makes New Investment in Charles River Laboratories Intl. Inc
Macquarie Group Ltd. Has $9.21 Million Stock Position in HCA Healthcare Inc
Macquarie Group Ltd. Has $9.21 Million Stock Position in HCA Healthcare Inc
Cardiovascular Systems  Given New $54.00 Price Target at Lake Street Capital
Cardiovascular Systems Given New $54.00 Price Target at Lake Street Capital
Janus Henderson Group PLC Buys New Stake in Associated Banc Corp
Janus Henderson Group PLC Buys New Stake in Associated Banc Corp
Brunswick Co.  Shares Purchased by Nuveen Asset Management LLC
Brunswick Co. Shares Purchased by Nuveen Asset Management LLC


© 2006-2020 Ticker Report