Analyst Rating Update on Stillwater Mining Company (SWC)

Stillwater Mining Company (NYSE:SWC) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Stillwater Mining Company (NYSE:SWC) : Average target price received by Stillwater Mining Company (NYSE:SWC) is $12.33 with an expected standard deviation of $1.15. The most aggressive target on the stock is $13, whereas the most downbeat target is $11. 3 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy. Also, Bank of America reinstates its view on Stillwater Mining Company (NYSE:SWC) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. The rating by the firm was issued on June 9, 2016.

Stillwater Mining Company (NYSE:SWC): stock turned positive on Tuesday. Though the stock opened at $10.48, the bulls momentum made the stock top out at $10.58 level for the day. The stock recorded a low of $10.3 and closed the trading day at $10.37, in the green by 0.48%. The total traded volume for the day was 1,129,611. The stock had closed at $10.32 in the previous days trading.

In an insider trading activity, Merrin Patrice E, director of Stillwater Mining Co /De/, had purchased 2,000 shares on November 26, 2014. The total value of the transaction was $27,020. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Stillwater Mining Company is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals (platinum group metals or PGMs) produced by mining a geological formation in south-central Montana, the J-M Reef and recycling spent catalytic converters and other industrial sources. The Company is also engaged in expanding its mining operations on the J-M Reef, and holds the Marathon PGM-copper property adjacent to Lake Superior in northern Ontario, Canada and the Altar copper-gold property in the province of San Juan, Argentina. It operates five reportable business segments: Mine Production, PGM Recycling, Canadian Properties, South American Properties and All Other. It conducts mining operations at its Stillwater Mine near Nye, Montana and at its East Boulder Mine south of Big Timber, Montana.

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