Silver Wheaton PT Raised to C$25.00 (SLW)
CSFB upped their target price on shares of Silver Wheaton (TSE:SLW) from C$24.00 to C$25.00 in a research note issued on Wednesday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. CSFB’s price objective suggests a potential upside of 3.65% from the stock’s previous close.
Silver Wheaton (TSE:SLW) traded up 0.75% during mid-day trading on Wednesday, hitting $24.30. 958,346 shares of the company’s stock traded hands. Silver Wheaton has a 52-week low of $18.59 and a 52-week high of $37.49. The stock’s 50-day moving average is $23.13 and its 200-day moving average is $24.04. The company has a market cap of $8.685 billion and a price-to-earnings ratio of 18.14.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity cut their price target on shares of Silver Wheaton from C$30.00 to C$27.50 in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Finally, analysts at UBS AG cut their price target on shares of Silver Wheaton from C$28.00 to C$25.00 in a research note to investors on Tuesday, December 3rd. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Silver Wheaton currently has a consensus rating of “Buy” and an average target price of C$28.54.
Silver Wheaton Corp. (TSE:SLW) is a mining company, which generates its revenue primarily from the sale of silver.
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