Peel Hunt Forecasts Strong Price Appreciation for Wheaton Precious Metals (TSE:WPM) Stock

Posted by Casey Walker on Mar 11th, 2025

Wheaton Precious Metals (TSE:WPM – Get Free Report) had its price objective boosted by Peel Hunt from C$95.00 to C$110.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 7.99% from the company’s previous close.

Several other analysts have also issued reports on WPM. TD Securities boosted their target price on Wheaton Precious Metals from C$76.00 to C$78.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. UBS Group upgraded Wheaton Precious Metals to a “strong-buy” rating in a research note on Monday, November 18th. Finally, Stifel Canada upgraded shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Five investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Wheaton Precious Metals has a consensus rating of “Buy” and an average target price of C$97.00.

Read Our Latest Report on Wheaton Precious Metals

Wheaton Precious Metals Price Performance

Shares of TSE WPM traded up C$1.20 during mid-day trading on Tuesday, reaching C$101.86. 373,497 shares of the company’s stock were exchanged, compared to its average volume of 649,550. Wheaton Precious Metals has a 52 week low of C$58.72 and a 52 week high of C$103.62. The firm has a 50-day moving average price of C$91.18 and a two-hundred day moving average price of C$87.44. The firm has a market capitalization of C$32.30 billion, a price-to-earnings ratio of 53.00 and a beta of 0.70.

About Wheaton Precious Metals

(Get Free Report)

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.