Silver Standard Resources Inc. (TSE:SSO) had its target price increased by analysts at Deutsche Bank AG from C$14.00 to C$15.50 in a report issued on Monday. Deutsche Bank AG’s target price would indicate a potential upside of 9.70% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. BMO Capital Markets reaffirmed a “market perform” rating and set a C$16.50 price target on shares of Silver Standard Resources in a report on Friday, August 12th. National Bank Financial downgraded Silver Standard Resources from an “outperform” rating to a “sector perform” rating and raised their price target for the company from C$17.00 to C$19.00 in a report on Wednesday, July 13th. Finally, CSFB set a C$16.00 price target on Silver Standard Resources in a report on Thursday, June 30th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of C$14.22.

Shares of Silver Standard Resources (TSE:SSO) opened at 14.13 on Monday. The firm’s 50-day moving average is $16.84 and its 200-day moving average is $14.31. The company’s market cap is $1.68 billion. Silver Standard Resources has a one year low of $5.28 and a one year 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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