Pan American Silver (TSE:PAAS) had its price objective increased by JPMorgan Chase & Co. from C$23.00 to C$26.00 in a report released on Monday morning, BayStreet.CA reports.

Several other analysts have also recently weighed in on the stock. Pi Financial lifted their price objective on shares of Pan American Silver from C$23.00 to C$23.50 in a research note on Monday, March 25th. BMO Capital Markets restated an outperform rating and issued a C$20.00 target price on shares of Pan American Silver in a research report on Wednesday, January 23rd. B. Riley restated a neutral rating and issued a C$12.50 target price on shares of Pan American Silver in a research report on Friday, March 1st. Finally, National Bank Financial restated a sector perform rating and issued a C$23.00 target price on shares of Pan American Silver in a research report on Tuesday, March 26th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Pan American Silver currently has a consensus rating of Hold and an average price target of C$21.00.

Shares of Pan American Silver stock opened at C$16.94 on Monday. Pan American Silver has a twelve month low of C$16.05 and a twelve month high of C$24.22. The company has a quick ratio of 2.04, a current ratio of 3.64 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $3.62 billion and a price-to-earnings ratio of 252.84.

In other news, Director Michael Louis Carroll bought 5,500 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was bought at an average cost of C$16.95 per share, for a total transaction of C$93,218.40. Following the transaction, the director now owns 41,693 shares of the company’s stock, valued at C$706,646.32.

Pan American Silver Company Profile

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.

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Analyst Recommendations for Pan American Silver (TSE:PAAS)

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