Wheaton Precious Metals (TSE:WPM) had its price target cut by equities researchers at Canaccord Genuity from C$41.00 to C$38.50 in a research note issued on Thursday. Canaccord Genuity’s target price would indicate a potential upside of 68.79% from the company’s previous close.

A number of other equities analysts also recently commented on WPM. CSFB restated an “outperform” rating and issued a C$31.00 target price on shares of Wheaton Precious Metals in a research note on Monday, September 10th. BMO Capital Markets restated an “outperform” rating and issued a C$27.00 target price on shares of Wheaton Precious Metals in a research note on Tuesday, October 2nd. Five analysts have rated the stock with a buy rating, Wheaton Precious Metals presently has a consensus rating of “Buy” and a consensus price target of C$32.88.

Shares of WPM stock opened at C$22.81 on Thursday. Wheaton Precious Metals has a 52 week low of C$19.87 and a 52 week high of C$29.93.

Wheaton Precious Metals (TSE:WPM) last issued its earnings results on Tuesday, August 14th. The company reported C$0.21 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.18 by C$0.03. Wheaton Precious Metals had a return on equity of 5.29% and a net margin of 32.79%. The company had revenue of C$274.13 million during the quarter, compared to the consensus estimate of C$262.75 million.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 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.

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Analyst Recommendations for Wheaton Precious Metals (TSE:WPM)

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