Pan American Silver Corp PT Raised to C$13.00 (PAA)
Investment analysts at CSFB increased their target price on shares of Pan American Silver Corp (TSE:PAA) from C$12.00 to C$13.00 in a note issued to investors on Wednesday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. CSFB’s target price suggests a potential downside of 7.60% from the company’s current price.
A number of other firms have also recently commented on PAA. Analysts at Canaccord Genuity raised their price target on shares of Pan American Silver Corp from C$11.50 to C$14.25 in a research note to investors on Monday, January 20th. They now have a “hold” rating on the stock. Separately, analysts at Deutsche Bank upgraded shares of Pan American Silver Corp from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, January 14th. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Pan American Silver Corp in a research note to investors on Friday, December 20th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of C$13.18.
Shares of Pan American Silver Corp (TSE:PAA) traded up 0.43% during mid-day trading on Wednesday, hitting $14.13. 254,693 shares of the company’s stock traded hands. Pan American Silver Corp has a 1-year low of $10.18 and a 1-year high of $18.00. The stock’s 50-day moving average is $13.20 and its 200-day moving average is $12.17. The company’s market cap is $2.139 billion.
Pan American Silver Corp. (TSE:PAA), engaged in the operation and development of, and exploration for, silver producing properties and assets.
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