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Analysts at Morgan Stanley lifted their price target on shares of Yamana Gold (NYSE:AUY) from $11.00 to $11.50 in a research report issued to clients and investors on Tuesday. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 41.98% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities cut their price target on shares of Yamana Gold from C$10.50 to C$9.00 in a research note on Tuesday, June 17th. They now have a “hold” rating on the stock. Separately, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Yamana Gold in a research note on Tuesday, June 17th. They now have a $11.50 price target on the stock, down previously from $12.00. Finally, analysts at GMP Securities upgraded shares of Yamana Gold from a “hold” rating to a “buy” rating in a research note on Monday, June 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $11.43.

Yamana Gold (NYSE:AUY) opened at 8.10 on Tuesday. Yamana Gold has a one year low of $7.02 and a one year high of $12.52. The stock has a 50-day moving average of $7.85 and a 200-day moving average of $8.71. The company’s market cap is $6.103 billion.

Yamana Gold (NYSE:AUY) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.02 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.04 by $0.02. The company had revenue of $353.90 million for the quarter, compared to the consensus estimate of $422.90 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s quarterly revenue was down 33.8% on a year-over-year basis. Analysts expect that Yamana Gold will post $0.23 EPS for the current fiscal year.

Yamana Gold Inc (NYSE:AUY) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia.

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