Pan American Silver Corp Stock Rating Upgraded by TD Securities (PAA)
Pan American Silver Corp (TSE:PAA) was upgraded by investment analysts at TD Securities from a “hold” rating to a “buy” rating in a note issued to investors on Friday, Analyst Ratings News reports. The firm currently has a C$19.00 price target on the stock, up from their previous price target of C$14.00. TD Securities’ price target would suggest a potential upside of 14.94% from the company’s current price.
PAA has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets upgraded shares of Pan American Silver Corp to a “market perform” rating in a research note on Wednesday. Separately, analysts at CSFB raised their price target on shares of Pan American Silver Corp from C$12.00 to C$13.00 in a research note on Wednesday, February 5th. They now have a “neutral” rating on the stock. Finally, 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 on Monday, January 20th. They now have a “hold” rating on the stock. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. Pan American Silver Corp has an average rating of “Hold” and a consensus price target of C$13.82.
Pan American Silver Corp (TSE:PAA) traded up 1.21% on Friday, hitting $16.73. The stock had a trading volume of 354,036 shares. Pan American Silver Corp has a 52 week low of $10.18 and a 52 week high of $18.00. The stock has a 50-day moving average of $14.03 and a 200-day moving average of $12.31. The company’s market cap is $2.533 billion.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.02%.
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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