Pan American Silver Corp. Given Consensus Rating of “Hold” by Brokerages (NASDAQ:PAAS)
Pan American Silver Corp. (NASDAQ:PAAS) has earned a consensus recommendation of “Hold” from the eleven brokerages that are currently covering the stock, ARN reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $14.93.
Pan American Silver Corp. (NASDAQ:PAAS) opened at 15.61 on Tuesday. Pan American Silver Corp. has a 1-year low of $9.78 and a 1-year high of $15.97. The stock’s 50-day moving average is $13.97 and its 200-day moving average is $13.37. The company’s market cap is $2.365 billion.
Pan American Silver Corp. (NASDAQ:PAAS) last released its earnings data on Thursday, May 8th. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.01. The company had revenue of $209.70 million for the quarter, compared to the consensus estimate of $195.62 million. Analysts expect that Pan American Silver Corp. will post $0.23 EPS for the current fiscal year.
A number of research firms have recently commented on PAAS. Analysts at Canaccord Genuity cut their price target on shares of Pan American Silver Corp. to $18.50 in a research note on Friday. Separately, analysts at JPMorgan Chase & Co. set a $15.00 price target on shares of Pan American Silver Corp. in a research note on Wednesday. Finally, analysts at RBC Capital raised their price target on shares of Pan American Silver Corp. from $16.00 to $18.00 in a research note on Wednesday.
Pan American Silver Corp. (NASDAQ:PAAS), engaged in the operation and development of, and exploration for, silver producing properties and assets.
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