Wheaton Precious Metals (TSE:WPM) Upgraded at UBS Group

UBS Group upgraded shares of Wheaton Precious Metals (TSE:WPM) from a hold rating to a strong-buy rating in a research report released on Friday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the stock. Peel Hunt boosted their price objective on shares of Wheaton Precious Metals from C$165.00 to C$240.00 in a research report on Monday, February 2nd. Stifel Nicolaus raised their target price on shares of Wheaton Precious Metals from C$205.00 to C$240.00 in a research report on Tuesday, February 10th. TD Securities lifted their price target on shares of Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a “buy” rating in a research note on Monday, March 16th. National Bank Financial boosted their price target on Wheaton Precious Metals from C$240.00 to C$245.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Finally, Royal Bank Of Canada raised Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price objective on the stock in a research note on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$197.86.

Wheaton Precious Metals Trading Up 4.7%

TSE:WPM opened at C$172.65 on Friday. The company has a market cap of C$78.39 billion, a price-to-earnings ratio of 53.34 and a beta of 1.08. Wheaton Precious Metals has a twelve month low of C$96.18 and a twelve month high of C$226.68. The stock has a fifty day simple moving average of C$194.50 and a 200-day simple moving average of C$167.35.

Wheaton Precious Metals (TSE:WPM) last posted its quarterly earnings results on Thursday, March 12th. The company reported C$1.68 EPS for the quarter. The firm had revenue of C$1.16 billion for the quarter. Wheaton Precious Metals had a net margin of 63.59% and a return on equity of 18.53%. As a group, equities research analysts predict that Wheaton Precious Metals will post 2.4749013 EPS for the current fiscal year.

More Wheaton Precious Metals News

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: UBS upgraded WPM to Buy, arguing that Wheaton’s low‑risk streaming model and diversified growth are underappreciated by the market — this upgrade likely boosted investor appetite today. UBS Upgrade Article
• Positive Sentiment: Zacks revised up multiple near‑term and fiscal EPS forecasts (Q2/Q3 2026, FY2026, FY2027 and FY2028), indicating analysts now expect stronger earnings — supports a higher valuation and helps justify buying interest. (Zacks / MarketBeat research notes)
• Neutral Sentiment: Coverage pieces are re‑examining WPM’s valuation after recent volatility; these analyses may keep trading active as investors reassess whether the premium P/E is warranted given growth expectations. Valuation Article
• Negative Sentiment: Berenberg cut its price target on Wheaton (to 13,000 GBp), a bearish signal that can cap upside and temper momentum coming from upgrades. Berenberg PT Cut
• Negative Sentiment: A recent article flagged Wheaton’s 2026 dividend increase and raised questions about sustainability — that could pressure sentiment if investors worry about payout coverage or capital allocation trade‑offs. Dividend Sustainability Article

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.