Wheaton Precious Metals Corp (TSE:WPM) had its price target lowered by CIBC from C$25.00 to C$24.00 in a research note issued to investors on Friday. The firm currently has an outperform rating on the stock.
Other equities research analysts also recently issued reports about the stock. National Bank Financial boosted their price objective on shares of Wheaton Precious Metals Corp from C$30.00 to C$32.00 in a research note on Friday. Canaccord Genuity decreased their price objective on shares of Wheaton Precious Metals Corp from C$35.00 to C$34.00 in a research note on Friday.
Wheaton Precious Metals Corp (WPM) traded down 5.06% during midday trading on Friday, reaching $24.19. 2,089,983 shares of the company’s stock were exchanged. The firm has a market capitalization of $10.69 billion and a P/E ratio of 39.98. The stock’s 50 day moving average is $25.19 and its 200 day moving average is $27.00. Wheaton Precious Metals Corp has a 52 week low of $22.63 and a 52 week high of $40.00.
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Wheaton Precious Metals Corp Company Profile
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. 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.
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