This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

RBC Capital Sticks to Their Buy Rating for Pan American Silver (PAAS)

Tipranks - Sat Jul 11, 8:54PM CDT

RBC Capital analyst Josh Wolfson maintained a Buy rating on Pan American Silver on July 8 and set a price target of $65.00. The company’s shares closed yesterday at C$60.35.

TipRanks Welcomes a New ETF – NYSE:RANK

According to TipRanks, Wolfson is a 5-star analyst with an average return of 18.5% and a 58.06% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Royal Gold, and Franco-Nevada.

In addition to RBC Capital, Pan American Silver also received a Buy from Bank of America Securities’s Lawson Winder in a report issued on July 9. However, on July 5, Jefferies maintained a Hold rating on Pan American Silver (NYSE: PAAS).

PAAS market cap is currently C$25.43B and has a P/E ratio of 14.10.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PAAS in relation to earlier this year.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.