In a new note to investors today, an analyst has provided a rating update for the Financial sector company, Sprott Inc. (TSX: SII). Analyst Geoffrey Kwan from RBC Capital remains bearish on the stock and has a C$2.75 price target.
Kwan has an average return of 11.5% when recommending Sprott Inc..
According to TipRanks.com, Kwan is ranked #1977 out of 4847 analysts.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Sprott Inc. with a C$2.75 average price target.
The company has a one-year high of C$3.62 and a one-year low of C$2.09. Currently, Sprott Inc. has an average volume of 171.3K.
Sprott, Inc. is an alternative asset manager, which engages in precious metal and real asset investments. It operates through the following segments: Exchange Listed Products, Alternative Asset Management, Global, Lending, Consulting, Merchant Banking & Advisory Services, and Corporate.
The company’s shares closed on Monday at C$3.01.
