Barclays analyst Matt Murphy downgraded Wheaton Precious Metals Corp (WPM) to Hold today. The company’s shares closed yesterday at $23.85, close to its 52-week high of $25.24.
According to TipRanks.com, Murphy is a 4-star analyst with an average return of 15.5% and a 80.8% success rate. Murphy covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, First Quantum Minerals Ltd, and Barrick Gold Corporation.
Wheaton Precious Metals Corp has an analyst consensus of Strong Buy, with a price target consensus of $29.38.
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The company has a one-year high of $25.24 and a one-year low of $15.08. Currently, Wheaton Precious Metals Corp has an average volume of 2.38M.
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Wheaton Precious Metals Corp. engages in the sale of precious metals. It includes on gold, silver, palladium, cobalt and others. It focuses its operation in Salobo, Peñasquito, Antamina, Constancia, Stillwater, San Dimas, Sudhury, Zinkgruvan, Yauliyacu, Neves-Corvo, Pascua-Lama, Rosemont, Voisey’s Bay, and other streams.
