TD Securities Forecasts Strong Price Appreciation for Sprott (TSE:SII) Stock

Sprott (TSE:SII) had its price objective hoisted by equities research analysts at TD Securities from C$176.00 to C$180.00 in a report released on Friday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price target suggests a potential downside of 8.77% from the company’s current price.

Several other brokerages have also recently issued reports on SII. Royal Bank Of Canada boosted their price target on shares of Sprott from C$132.00 to C$186.00 and gave the company a “sector perform” rating in a research report on Monday, January 26th. BMO Capital Markets upped their target price on Sprott from C$109.00 to C$123.00 in a report on Thursday, November 6th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$197.50.

Sprott Trading Up 9.9%

Shares of SII stock opened at C$197.31 on Friday. The business has a 50-day moving average of C$156.30 and a 200 day moving average of C$126.40. The company has a debt-to-equity ratio of 5.65, a current ratio of 3.30 and a quick ratio of 2.89. Sprott has a 1-year low of C$56.05 and a 1-year high of C$197.48. The stock has a market capitalization of C$5.09 billion, a PE ratio of 100.67, a P/E/G ratio of -3.34 and a beta of 1.36.

Sprott (TSE:SII) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$1.49 EPS for the quarter. The business had revenue of C$143.61 million for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%. As a group, sell-side analysts anticipate that Sprott will post 3.2178828 earnings per share for the current year.

Sprott News Summary

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.