Silver Wheaton Corp (SLW) Receives ‘Analyst’ Rating

Silver Wheaton Corp (SLW) : Zacks Investment Research ranks Silver Wheaton Corp (SLW) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.42, which indicates as a Strong Buy.

Silver Wheaton Corp (SLW) : Average target price received by Silver Wheaton Corp (SLW) is $29.51 with an expected standard deviation of $5.69. The most aggressive target on the stock is $35, whereas the most downbeat target is $23. 6 financial analysts are currently covering the stock.


Also, Deutsche Bank initiates coverage on Silver Wheaton Corp (NYSE:SLW). In the latest research report, Deutsche Bank announces the target price to $37 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on September 9, 2016.

Silver Wheaton Corp (NYSE:SLW): After opening at $26.77, the stock dipped to an intraday low of $26.41 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.38 and the buying power remained strong till the end. The stock closed at $26.98 for the day, a gain of 0.33% for the day session. The total traded volume was 4,292,795. The stocks close on the previous trading day was $26.89.

Silver Wheaton Corp. (Silver Wheaton) is a Canada-based mining company. The Company is engaged in pure precious metals streaming and generates its revenues from the sale of silver and gold. As of December 31, 2014, Silver Wheaton had entered into 18 long-term purchase agreements and one early deposit long-term purchase agreement associated with silver and gold (precious metal purchase agreements), relating to 27 different mining assets, whereby Silver Wheaton acquired silver and gold production from the counterparties for a per ounce cash payment which was fixed by contract, generally at or below the prevailing market price. As of December 31, 2014, gold and silver interests owned by Silver Wheaton included San Dimas and Penasquito in Mexico; Yauliyacu, Lagunas Norte and Pierina in Peru; 777, Canada; Salobo, Brazil; Sudbury and Minto in Canada; Veladero, Argentina; Zinkgruvan, Sweden, and Neves-Corvo and Aljustrel in Portugal.

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