BMO Capital Markets Increases Sprott (TSE:SII) Price Target to C$192.00

Sprott (TSE:SII) had its price objective boosted by investment analysts at BMO Capital Markets from C$162.00 to C$192.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective points to a potential downside of 2.69% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. TD Securities lifted their target price on Sprott from C$176.00 to C$180.00 and gave the company a “hold” rating in a research note on Friday. Royal Bank Of Canada upgraded shares of Sprott from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$186.00 to C$218.00 in a report on Friday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$197.50.

Sprott Price Performance

Shares of TSE:SII opened at C$197.31 on Friday. The company’s fifty day moving average is C$156.30 and its two-hundred day moving average is C$126.40. The company has a market cap of C$5.09 billion, a P/E ratio of 100.67, a price-to-earnings-growth ratio of -3.34 and a beta of 1.36. Sprott has a 12-month low of C$56.05 and a 12-month high of C$197.48. The company has a quick ratio of 2.89, a current ratio of 3.30 and a debt-to-equity ratio of 5.65.

Sprott (TSE:SII) last issued its earnings results on Thursday, February 19th. The company reported C$1.49 EPS for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%.The business had revenue of C$143.61 million during the quarter. Equities analysts expect that Sprott will post 3.2178828 earnings per share for the current fiscal year.

Key Stories Impacting Sprott

Here are the key news stories impacting Sprott this week:

• Positive Sentiment: Royal Bank of Canada upgraded Sprott from “sector perform” to “outperform” and lifted its price target to C$218 (from C$186), signaling stronger investor conviction and providing upside support. RBC Upgrade
• Positive Sentiment: Canaccord Genuity raised its target to C$200 and moved to a “buy” rating (from C$130), a bullish endorsement that likely helped buying interest. Canaccord Note
• Neutral Sentiment: BMO Capital Markets bumped its target to C$192 and kept an “outperform” rating (up from C$162). The higher rating is positive, but the C$192 target sits just below the current share level, making this a mixed signal. BMO Note TickerReport
• Negative Sentiment: TD Securities raised its price target slightly to C$180 but maintained a “hold” rating, which implies less conviction for further upside and represents downside vs. the current level — a cautious signal for traders. TD Note
• Positive Sentiment: Sprott reported quarterly EPS of C$1.49 with C$143.61M in revenue, a 28.2% net margin and 15.02% ROE — results that support analyst upgrades and justify renewed investor interest. Earnings Report

Sprott Company Profile

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.