Silver Wheaton Corp. (TSE:SLW) was downgraded by equities researchers at National Bank Financial from an “outperform overweight” rating to a “sector perform market weight” rating in a note issued to investors on Wednesday.
A number of other equities research analysts have also weighed in on the company. Canaccord Genuity boosted their target price on Silver Wheaton Corp. from C$30.50 to C$39.50 in a research note on Tuesday, July 12th. Royal Bank Of Canada boosted their target price on Silver Wheaton Corp. to C$46.00 and gave the company an “outperform” rating in a research note on Wednesday, August 3rd. CSFB raised Silver Wheaton Corp. from a “neutral” rating to an “outperform” rating and boosted their target price for the company from C$28.00 to C$35.00 in a research note on Thursday, June 30th. Finally, TD Securities boosted their target price on Silver Wheaton Corp. from C$34.00 to C$36.00 and gave the company a “buy” rating in a research note on Thursday, August 11th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Silver Wheaton Corp. has a consensus rating of “Buy” and a consensus target price of C$35.55.
Shares of Silver Wheaton Corp. (TSE:SLW) traded up 0.80% during midday trading on Wednesday, reaching $30.28. The company’s stock had a trading volume of 184,756 shares. Silver Wheaton Corp. has a 52-week low of $14.51 and a 52-week high of $40.80. The stock has a 50-day moving average price of $34.49 and a 200-day moving average price of $30.17. The stock’s market cap is $13.33 billion.