Shares of Wheaton Precious Metals Corp (TSE:WPM) have been given a consensus recommendation of “Buy” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$31.29.
A number of brokerages have recently commented on WPM. Desjardins reiterated a “buy” rating on shares of Wheaton Precious Metals in a research report on Monday, December 11th. Royal Bank of Canada cut their price objective on Wheaton Precious Metals to C$31.00 and set an “outperform” rating for the company in a research report on Tuesday, September 5th. Finally, Eight Capital reiterated a “buy” rating on shares of Wheaton Precious Metals in a research report on Thursday, November 16th.
Shares of Wheaton Precious Metals (TSE:WPM) opened at C$27.88 on Wednesday. Wheaton Precious Metals has a 52-week low of C$23.18 and a 52-week high of C$30.32. The company has a market capitalization of $12,300.00, a price-to-earnings ratio of 48.07 and a beta of -0.09.
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Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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