Wheaton Precious Metals’ (TSE:WPM) Buy Rating Reiterated at Eight Capital
WPM has been the subject of a number of other research reports. CIBC dropped their price objective on Wheaton Precious Metals from C$25.00 to C$24.00 and set an outperform rating for the company in a research note on Friday, August 11th. Royal Bank Of Canada decreased their target price on Wheaton Precious Metals to C$31.00 and set an outperform rating for the company in a report on Tuesday, September 5th. National Bank Financial increased their price objective on Wheaton Precious Metals from C$30.00 to C$32.00 in a report on Friday, August 11th. Finally, Canaccord Genuity decreased their price objective on Wheaton Precious Metals from C$35.00 to C$34.00 in a report on Friday, August 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Wheaton Precious Metals presently has a consensus rating of Buy and a consensus price target of C$31.29.
Wheaton Precious Metals (TSE:WPM) remained flat at $C$26.62 during trading hours on Thursday. 977,558 shares of the company traded hands, compared to its average volume of 1,010,840. Wheaton Precious Metals has a one year low of C$22.63 and a one year high of C$30.32.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Monday, November 27th will be given a dividend of $0.116 per share. The ex-dividend date is Friday, November 24th. This is a boost from Wheaton Precious Metals’s previous quarterly dividend of $0.10. This represents a $0.46 annualized dividend and a dividend yield of 1.74%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 50.00%.
ILLEGAL ACTIVITY WARNING: “Wheaton Precious Metals’ (TSE:WPM) Buy Rating Reiterated at Eight Capital” was posted by Week Herald and is owned by of Week Herald. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://weekherald.com/2017/12/04/wheaton-precious-metals-corps-wpm-buy-rating-reiterated-at-eight-capital.html.
About Wheaton Precious Metals
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
Receive News & Ratings for Wheaton Precious Metals Corp. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Wheaton Precious Metals Corp. and related companies with MarketBeat.com’s FREE daily email newsletter.