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Stillwater Mining Company (NYSE:SWC) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Friday. They currently have a $20.00 target price on the stock. Zacks‘s price target would indicate a potential upside of 4.93% from the stock’s previous close.

A number of other analysts have also recently weighed in on SWC. Analysts at BB&T Corp. raised their price target on shares of Stillwater Mining Company from $20.00 to $22.00 in a research note on Wednesday, July 2nd. Finally, 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. Two research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus target price of $19.60.

Shares of Stillwater Mining Company (NYSE:SWC) traded up 1.60% during mid-day trading on Friday, hitting $19.06. 2,811,116 shares of the company’s stock traded hands. Stillwater Mining Company has a 1-year low of $10.42 and a 1-year high of $19.17. The stock’s 50-day moving average is $17. and its 200-day moving average is $15.4. The company’s market cap is $2.283 billion.

Stillwater Mining Company (NYSE:SWC) last announced its earnings results 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. On average, analysts predict that Stillwater Mining Company will post $0.60 earnings per share 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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