First Majestic Silver Corp. (TSE:FR) – Analysts at National Bank Financial reduced their FY2016 EPS estimates for shares of First Majestic Silver Corp. in a research note issued to investors on Wednesday. National Bank Financial analyst G. Doyle now anticipates that the brokerage will earn $0.24 per share for the year, down from their prior forecast of $0.25. National Bank Financial also issued estimates for First Majestic Silver Corp.’s FY2017 earnings at $0.43 EPS.
Separately, Raymond James Financial Inc. upped their target price on First Majestic Silver Corp. from C$11.25 to C$11.50 in a report on Friday, September 23rd. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. First Majestic Silver Corp. presently has a consensus rating of “Hold” and an average price target of C$7.42.
Shares of First Majestic Silver Corp. (TSE:FR) opened at 10.33 on Friday. First Majestic Silver Corp. has a 1-year low of $3.50 and a 1-year high of $24.96. The stock’s 50 day moving average price is $14.42 and its 200-day moving average price is $15.70. The company’s market capitalization is $1.69 billion.
In other First Majestic Silver Corp. news, insider Jill Anne Arias sold 6,000 shares of the stock in a transaction on Monday, August 8th. The stock was sold at an average price of C$24.20, for a total value of C$145,200.00.