Richard Hatch analyst at Berenberg Bank reiterates coverage on Wheaton Precious Metals (WPM) stock in the Basic Materials sector with a Buy rating. TipRanks.com has Hatch rated as a 4.1 star analyst with a 53% return on investment and a 5% success rate. Hatch has set a price target of $ 56.95.
TipRanks.com reports that Wheaton Precious Metals stock currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for WPM's stock is $52.24. The target pricing ranges from a high forecast of $86.72 down to a low forecast of $37.44. Wheaton Precious Metals (WPM)’s stock last closing price was $45.72 which would put the average price target at 14.26% upside.
In addition, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on WPM stock.
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This article was pulled from miningandmetalmovers.com as they are an authority in the Mining and Metals Stock Sector. MiningandMetalMovers.com keeps investors informed of trending mining and metal stocks.
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