Stock analysts at BMO Capital Markets initiated coverage on shares of MAG Silver (NYSEAMERICAN:MAG) in a report issued on Friday, November 17th, Marketbeat reports. The firm set an “outperform” rating on the stock.
Other equities research analysts also recently issued research reports about the company. HC Wainwright set a $19.00 price target on MAG Silver and gave the stock a “buy” rating in a report on Thursday, November 16th. Zacks Investment Research downgraded MAG Silver from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. BidaskClub downgraded MAG Silver from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 15th. Finally, Roth Capital set a $22.00 price target on MAG Silver and gave the stock a “buy” rating in a research note on Monday, August 21st. Two analysts have rated the stock with a sell rating, six have given a buy rating and two have given a strong buy rating to the company. MAG Silver currently has a consensus rating of “Buy” and a consensus price target of $16.60.
MAG Silver (NYSEAMERICAN:MAG) opened at $10.65 on Friday. MAG Silver has a 12 month low of $9.50 and a 12 month high of $16.78.
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About MAG Silver
MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company’s projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property.
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