Silver Wheaton Corp. (TSE:SLW) (NYSE:SLW) has been assigned an average recommendation of “Buy” from the seven research firms that are covering the stock. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$33.00.
A number of analysts have recently commented on SLW shares. Scotiabank upped their target price on Silver Wheaton Corp. from C$24.00 to C$26.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 22nd. CSFB started coverage on Silver Wheaton Corp. in a research note on Thursday, April 13th. They issued an “outperform” rating and a C$35.00 target price on the stock. TD Securities restated a “buy” rating and issued a C$30.00 target price on shares of Silver Wheaton Corp. in a research note on Wednesday, March 22nd. Canaccord Genuity upped their target price on Silver Wheaton Corp. from C$37.00 to C$38.00 in a research note on Friday, February 3rd. Finally, Royal Bank of Canada lowered their target price on Silver Wheaton Corp. to C$36.00 and set an “outperform” rating on the stock in a research note on Thursday, April 6th.
Silver Wheaton Corp. (TSE:SLW) traded down 0.49% during midday trading on Tuesday, hitting $28.49. The company had a trading volume of 714,385 shares. The stock has a market capitalization of $12.58 billion and a PE ratio of 63.31. The stock has a 50 day moving average price of $27.50 and a 200-day moving average price of $27.69. Silver Wheaton Corp. has a 52 week low of $22.63 and a 52 week high of $40.80.
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In other Silver Wheaton Corp. news, Director Douglas Martin Holtby sold 2,000 shares of the stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of C$28.08, for a total transaction of C$56,160.00.
Silver Wheaton Corp. Company Profile
Silver Wheaton Corp. (Silver Wheaton) is a mining company. The Company is a pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.
