Pan American Silver Corp Upgraded to Market Perform at BMO Capital Markets (PAAS)
Pan American Silver Corp (NASDAQ:PAAS) was upgraded by equities researchers at BMO Capital Markets to a “market perform” rating in a research report issued on Wednesday, StockRatingsNetwork reports. The firm currently has a $15.00 target price on the stock, up from their previous target price of $10.00. BMO Capital Markets’ target price would indicate a potential upside of 3.16% from the company’s current price.
A number of other analysts have also recently weighed in on PAAS. Analysts at TheStreet upgraded shares of Pan American Silver Corp from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Separately, analysts at Raymond James downgraded shares of Pan American Silver Corp from an “outperform” rating to a “market perform” rating in a research note on Friday, January 31st. They now have a $14.00 price target on the stock, down previously from $16.00. Finally, analysts at Deutsche Bank upgraded shares of Pan American Silver Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, January 14th. They now have a $14.00 price target on the stock, up previously from $12.00. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and one has assigned a buy rating to the company’s stock. Pan American Silver Corp has an average rating of “Hold” and a consensus target price of $13.73.
Shares of Pan American Silver Corp (NASDAQ:PAAS) opened at 14.54 on Wednesday. Pan American Silver Corp has a one year low of $9.78 and a one year high of $17.50. The stock’s 50-day moving average is $12.6 and its 200-day moving average is $11.59. The company’s market cap is $2.202 billion.
Pan American Silver Corp. (NASDAQ:PAAS), engaged in the operation and development of, and exploration for, silver producing properties and assets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.