Sprott Inc. (SII) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Sprott Inc. (TSE:SII) have received an average recommendation of “Hold” from the seven analysts that are covering the company, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$2.58.
A number of equities research analysts have commented on the company. TD Securities increased their price target on Sprott from C$2.50 to C$2.75 and gave the company a “hold” rating in a research note on Thursday, May 11th. BMO Capital Markets increased their price target on Sprott from C$2.25 to C$2.50 and gave the company a “market perform” rating in a research note on Thursday, May 11th. Desjardins cut Sprott from a “buy” rating to a “hold” rating in a research note on Friday, June 30th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$2.50 price target on shares of Sprott in a research note on Tuesday, April 11th.
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Shares of Sprott (SII) opened at 2.30 on Friday. The company has a 50-day moving average price of $2.33 and a 200 day moving average price of $2.34. The company has a market capitalization of $562.80 million and a P/E ratio of 14.38. Sprott has a 12-month low of $1.92 and a 12-month high of $2.77.
Sprott Inc is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts.
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