Stillwater Mining Company PT Raised to $22.00 (SWC)
Research analysts at BB&T Corp. boosted their price target on shares of Stillwater Mining Company (NYSE:SWC) from $20.00 to $22.00 in a report released on Wednesday. BB&T Corp.’s price target points to a potential upside of 22.56% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Stillwater Mining Company from a “neutral” rating to an “outperform” rating in a research note on Thursday, June 26th. They now have a $18.20 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Stillwater Mining Company from $15.00 to $17.00 in a research note on Friday, May 2nd. Finally, analysts at CIC Securities cut their price target on shares of Stillwater Mining Company from $20.00 to $19.00 in a research note on Tuesday, April 8th. One research analyst has rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Stillwater Mining Company presently has a consensus rating of “Buy” and a consensus price target of $19.24.
Stillwater Mining Company (NYSE:SWC) opened at 17.95 on Wednesday. Stillwater Mining Company has a 1-year low of $10.33 and a 1-year high of $18.00. The stock has a 50-day moving average of $16.89 and a 200-day moving average of $14.72. The company’s market cap is $2.150 billion.
Stillwater Mining Company (NYSE:SWC) last released its earnings data on Thursday, May 1st. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.05. The company had revenue of $219.50 million for the quarter, compared to the consensus estimate of $241.60 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The company’s revenue for the quarter was down 12.4% on a year-over-year basis. Analysts expect that Stillwater Mining Company will post $0.58 EPS for the current fiscal year.
Stillwater Mining Company is engaged in the development, extraction, processing, smelting, refining and marketing of palladium, platinum and associated metals (NYSE:SWC)) from a geological formation in south-central Montana, the J-M Reef, and from the recycling of spent catalytic converters.
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