Wheaton Precious Metals (LON:WPM) PT Lowered to GBX 3,800

Wheaton Precious Metals (LON:WPM – Get Rating) had its target price cut by research analysts at Berenberg Bank from GBX 3,900 ($48.72) to GBX 3,800 ($47.47) in a note issued to investors on Monday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 8.19% from the company’s previous close.

Shares of Wheaton Precious Metals stock opened at GBX 3,512.37 ($43.88) on Monday. The business’s fifty day simple moving average is GBX 3,672.97 and its 200 day simple moving average is GBX 3,281.46. The company has a current ratio of 8.41, a quick ratio of 8.00 and a debt-to-equity ratio of 0.05. Wheaton Precious Metals has a 12 month low of GBX 2,634.50 ($32.91) and a 12 month high of GBX 4,038.20 ($50.45). The firm has a market capitalization of £15.84 billion and a P/E ratio of 25.90.

Wheaton Precious Metals Company Profile (Get Rating)

Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp.

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