New Buy Rating for Wheaton Precious Metals (WPM), the Basic Materials Giant
Scotiabank analyst Tanya Jakusconek maintained a Buy rating on Wheaton Precious Metals today and set a price target of $175.00.
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According to TipRanks, Jakusconek is a 5-star analyst with an average return of 25.4% and a 66.67% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Agnico Eagle, Barrick Mining, and Compania de Minas Buenaventura SAA.
In a report released today, Bank of America Securities also maintained a Buy rating on the stock with a $160.00 price target.
The company has a one-year high of C$214.41 and a one-year low of C$95.96. Currently, Wheaton Precious Metals has an average volume of 798.1K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WPM in relation to earlier this year.
Read More on WPM:
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- Wheaton Precious Metals Beats 2025 Output Target and Maps 50% Growth to 2030
- BHP Earnings: Profit Jumps on Strong Iron Ore Output and Higher Copper Prices
- Wheaton Doubles Antamina Silver Exposure in $4.3 Billion BHP Streaming Deal
- Wheaton subsidiary acquires additional silver stream on Antamina
- Wheaton Precious Metals price target raised to C$240 from C$205 at Stifel
