National Bank Financial Forecasts Strong Price Appreciation for Pan American Silver (TSE:PAAS) Stock

Pan American Silver (TSE:PAAS) had its target price boosted by analysts at National Bank Financial from C$95.00 to C$110.00 in a report released on Friday,BayStreet.CA reports. National Bank Financial’s target price points to a potential upside of 17.55% from the company’s previous close.

Separately, Jefferies Financial Group cut their target price on Pan American Silver from C$58.00 to C$54.00 in a report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$69.67.

Pan American Silver Stock Up 1.3%

TSE:PAAS opened at C$93.58 on Friday. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88. Pan American Silver has a one year low of C$29.31 and a one year high of C$95.39. The company has a market cap of C$39.48 billion, a PE ratio of 36.55, a P/E/G ratio of 24.57 and a beta of 1.65. The firm’s 50 day simple moving average is C$79.05 and its 200 day simple moving average is C$62.29.

Pan American Silver (TSE:PAAS) last issued its quarterly earnings results on Wednesday, February 18th. The company reported C$1.52 earnings per share (EPS) for the quarter. Pan American Silver had a negative net margin of 1.78% and a negative return on equity of 1.02%. The firm had revenue of C$1.57 billion for the quarter. On average, research analysts anticipate that Pan American Silver will post 1.9192235 earnings per share for the current year.

Pan American Silver Company Profile

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.