Wheaton Precious Metals (TSE:WPM) Raised to Strong-Buy at UBS Group

Wheaton Precious Metals (TSE:WPM) was upgraded by equities research analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Other analysts have also issued research reports about the company. Peel Hunt upped their target price on Wheaton Precious Metals from C$165.00 to C$240.00 in a report on Monday, February 2nd. Canaccord Genuity Group raised their target price on shares of Wheaton Precious Metals from C$220.00 to C$235.00 in a research note on Tuesday, February 17th. Royal Bank Of Canada upgraded Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price target for the company in a research note on Wednesday, December 10th. National Bank Financial boosted their price objective on shares of Wheaton Precious Metals from C$240.00 to C$245.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Finally, TD Securities raised their target price on shares of Wheaton Precious Metals from C$164.00 to C$165.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$197.86.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock opened at C$172.65 on Friday. The firm has a market cap of C$78.39 billion, a PE ratio of 53.34 and a beta of 1.08. The business’s 50 day simple moving average is C$194.50 and its 200 day simple moving average is C$167.21. Wheaton Precious Metals has a 52-week low of C$96.18 and a 52-week high of C$226.68.

Wheaton Precious Metals (TSE:WPM) last released its quarterly earnings results on Thursday, March 12th. The company reported C$1.68 earnings per share for the quarter. The firm had revenue of C$1.16 billion during the quarter. Wheaton Precious Metals had a return on equity of 18.53% and a net margin of 63.59%. As a group, equities research analysts predict that Wheaton Precious Metals will post 2.4749013 EPS for the current year.

Wheaton Precious Metals News Roundup

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: UBS upgraded WPM to Buy, arguing that Wheaton’s low‑risk streaming model and diversified growth are underappreciated by the market — this upgrade likely boosted investor appetite today. UBS Upgrade Article
• Positive Sentiment: Zacks revised up multiple near‑term and fiscal EPS forecasts (Q2/Q3 2026, FY2026, FY2027 and FY2028), indicating analysts now expect stronger earnings — supports a higher valuation and helps justify buying interest. (Zacks / MarketBeat research notes)
• Neutral Sentiment: Coverage pieces are re‑examining WPM’s valuation after recent volatility; these analyses may keep trading active as investors reassess whether the premium P/E is warranted given growth expectations. Valuation Article
• Negative Sentiment: Berenberg cut its price target on Wheaton (to 13,000 GBp), a bearish signal that can cap upside and temper momentum coming from upgrades. Berenberg PT Cut
• Negative Sentiment: A recent article flagged Wheaton’s 2026 dividend increase and raised questions about sustainability — that could pressure sentiment if investors worry about payout coverage or capital allocation trade‑offs. Dividend Sustainability Article

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.