Silver Wheaton Corp. Given Consensus Recommendation of “Buy” by Analysts (TSE:SLW)
Shares of Silver Wheaton Corp. (TSE:SLW) have earned an average rating of “Buy” from the eleven ratings firms that are currently covering the stock, Analyst Ratings.Net reports. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$32.36.
SLW has been the subject of a number of recent research reports. Analysts at National Bank Financial raised their price target on shares of Silver Wheaton Corp. from C$32.00 to C$33.00 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. Separately, analysts at NBF raised their price target on shares of Silver Wheaton Corp. from C$32.00 to C$33.00 in a research note on Thursday, August 14th. Finally, analysts at Canaccord Genuity cut their price target on shares of Silver Wheaton Corp. from C$36.00 to C$35.00 in a research note on Thursday, July 10th. They now have a “buy” rating on the stock.
Shares of Silver Wheaton Corp. (TSE:SLW) opened at 28.08 on Tuesday. Silver Wheaton Corp. has a 1-year low of $20.53 and a 1-year high of $30.65. The stock’s 50-day moving average is $28.57 and its 200-day moving average is $26.2. The company has a market cap of $10.037 billion and a P/E ratio of 29.35.
Silver Wheaton Corp. (TSE:SLW) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.01. On average, analysts predict that Silver Wheaton Corp. will post $0.92 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Stockholders of record on Wednesday, August 27th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.85%.
Silver Wheaton Corp. (TSE:SLW) is a mining company, which generates its revenue primarily from the sale of silver.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.