New Buy Rating for Wheaton Precious Metals (WPM), the Basic Materials Giant
In a report released today, Cosmos Chiu from CIBC maintained a Buy rating on Wheaton Precious Metals, with a price target of $215.00.
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According to TipRanks, Chiu is a 5-star analyst with an average return of 22.9% and a 60.32% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Eldorado Gold, Coeur Mining, and Wheaton Precious Metals.
Currently, the analyst consensus on Wheaton Precious Metals is a Strong Buy with an average price target of $179.08.
Based on Wheaton Precious Metals’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$878.01 million and a net profit of C$566.83 million. In comparison, last year the company earned a revenue of C$380.52 million and had a net profit of C$88.15 million
Based on the recent corporate insider activity of 28 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 WPM in relation to earlier this year.
Read More on WPM:
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- Wheaton Precious Metals Raises Q2 2026 Dividend by 18% and Confirms DRIP Terms
- Wheaton Precious Metals increases quarterly dividend 18% to 19.5c per share
- Wheaton Precious Metals Posts Record Q1 2026 Results and Seals Largest Streaming Deal at Antamina
- WPM Upcoming Earnings Report: What to Expect?
- Wheaton Precious Metals Updates Share Capital and Voting Rights
