Vetr upgraded shares of Coeur Mining Inc. (NYSE:CDE) from a buy rating to a strong-buy rating in a research note released on Monday. They currently have $11.10 price target on the stock.

Other equities analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of Coeur Mining from a hold rating to a buy rating and set a $12.00 target price for the company in a research report on Tuesday, October 18th. Roth Capital set a $16.00 target price on shares of Coeur Mining and gave the stock a buy rating in a research report on Monday, October 10th. Canaccord Genuity started coverage on shares of Coeur Mining in a research report on Tuesday, October 25th. They set a buy rating and a $13.00 target price for the company. Deutsche Bank AG upgraded shares of Coeur Mining from a sell rating to a hold rating and increased their target price for the stock from $7.50 to $11.00 in a research report on Monday, October 3rd. Finally, RBC Capital Markets reiterated an outperform rating and set a $18.00 target price (down previously from $19.00) on shares of Coeur Mining in a research report on Friday, November 18th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of Buy and a consensus price target of $11.19.

Analyst Recommendations for Coeur Mining (NYSE:CDE)

Shares of Coeur Mining (NYSE:CDE) opened at 9.65 on Monday. Coeur Mining has a one year low of $1.62 and a one year high of $16.41. The company’s 50 day moving average is $10.58 and its 200 day moving average is $11.58. The company’s market capitalization is $1.64 billion.

Coeur Mining (NYSE:CDE) last issued its earnings results on Wednesday, October 26th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.13. The firm earned $176.25 million during the quarter, compared to analyst estimates of $183.60 million. Coeur Mining had a negative net margin of 35.68% and a positive return on equity of 1.35%. The company’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.16) earnings per share. Equities research analysts predict that Coeur Mining will post $0.40 earnings per share for the current year.

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In other Coeur Mining news, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $11.04, for a total transaction of $110,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.53% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of Montreal Can increased its position in Coeur Mining by 1.1% in the third quarter. Bank of Montreal Can now owns 110,718 shares of the company’s stock valued at $1,310,000 after buying an additional 1,175 shares during the period. Ameritas Investment Partners Inc. increased its position in Coeur Mining by 13.5% in the second quarter. Ameritas Investment Partners Inc. now owns 11,907 shares of the company’s stock valued at $127,000 after buying an additional 1,415 shares during the period. BB&T Corp increased its position in Coeur Mining by 13.3% in the third quarter. BB&T Corp now owns 12,347 shares of the company’s stock valued at $146,000 after buying an additional 1,447 shares during the period. Prudential Financial Inc. increased its position in Coeur Mining by 10.1% in the third quarter. Prudential Financial Inc. now owns 17,061 shares of the company’s stock valued at $202,000 after buying an additional 1,560 shares during the period. Finally, Sei Investments Co. increased its position in Coeur Mining by 0.4% in the third quarter. Sei Investments Co. now owns 411,738 shares of the company’s stock valued at $4,871,000 after buying an additional 1,677 shares during the period. 67.31% of the stock is currently owned by hedge funds and other institutional investors.

Coeur Mining Company Profile

Coeur Mining, Inc is a gold and silver producer. The Company’s segments include Palmarejo complex, Rochester, Kensington, Wharf and San Bartolome mines, and Coeur Capital. The Company also a non-operating interest in the Endeavor mine in Australia in addition to royalties on the El Gallo complex in Mexico, the Zaruma mine in Ecuador, and the Correnso mine in New Zealand.

5 Day Chart for NYSE:CDE

To view Vetr’s full report, visit Vetr’s official website.

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