CSFB Increases Silver Standard Resources Price Target to C$11.00 (SSO)
Analysts at CSFB lifted their target price on shares of Silver Standard Resources (TSE:SSO) from C$9.00 to C$11.00 in a research report issued to clients and investors on Monday, Analyst Ratings Net reports. CSFB’s price objective indicates a potential downside of 5.74% from the company’s current price.
Shares of Silver Standard Resources (TSE:SSO) traded up 3.26% during mid-day trading on Monday, hitting $12.05. The stock had a trading volume of 277,749 shares. Silver Standard Resources has a 52-week low of $5.38 and a 52-week high of $12.12. The stock has a 50-day moving average of $9.2 and a 200-day moving average of $7.60. The company’s market cap is $973.1 million.
A number of other analysts have also recently weighed in on SSO. Analysts at CIBC upgraded shares of Silver Standard Resources to a “sector outperform” rating in a research note on Friday, February 7th. Analysts at Deutsche Bank upgraded shares of Silver Standard Resources to a “hold” rating in a research note on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of C$9.97.
Silver Standard Resources Inc is a silver resource company. The Company’s properties are located in six countries in the Americas.
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