Silver Wheaton Corp. Receives Consensus Rating of “Buy” from Brokerages (NYSE:SLW)
Shares of Silver Wheaton Corp. (NYSE:SLW) have been given an average recommendation of “Buy” by the eleven brokerages that are presently covering the stock, ARN reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $31.94.
Silver Wheaton Corp. (NYSE:SLW) opened at 26.57 on Tuesday. Silver Wheaton Corp. has a 52-week low of $19.23 and a 52-week high of $29.17. The stock’s 50-day moving average is $26.2 and its 200-day moving average is $23.81. The company has a market cap of $9.497 billion and a price-to-earnings ratio of 29.53.
A number of research firms have recently commented on SLW. Analysts at Raymond James raised their price target on shares of Silver Wheaton Corp. from $31.00 to $32.00 in a research note on Monday, July 14th. Separately, analysts at RBC Capital raised their price target on shares of Silver Wheaton Corp. from $35.00 to $38.00 in a research note on Wednesday, July 9th. Finally, analysts at Morgan Stanley raised their price target on shares of Silver Wheaton Corp. from $25.00 to $27.30 in a research note on Tuesday, July 8th.
Silver Wheaton Corp. (NYSE:SLW) is a mining company, which generates its revenue primarily from the sale of silver.
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