Silver Wheaton Corp. (TSE:SLW) Given Consensus Rating of “Buy” by Brokerages
Silver Wheaton Corp. (TSE:SLW) has earned an average rating of “Buy” from the thirteen ratings firms that are presently covering the stock. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$32.17.
SLW has been the subject of several research reports. National Bank Financial boosted their price objective on shares of Silver Wheaton Corp. from C$31.00 to C$37.50 in a report on Wednesday, July 13th. Canaccord Genuity boosted their price objective on shares of Silver Wheaton Corp. from C$30.50 to C$39.50 in a report on Tuesday, July 12th. TD Securities boosted their price objective on shares of Silver Wheaton Corp. from C$34.00 to C$36.00 and gave the company a “buy” rating in a report on Thursday, August 11th. Royal Bank Of Canada reissued an “outperform” rating on shares of Silver Wheaton Corp. in a report on Friday, September 30th. Finally, CSFB boosted their price objective on shares of Silver Wheaton Corp. from C$40.00 to C$42.00 and gave the company an “outperform” rating in a report on Thursday, August 11th.
Silver Wheaton Corp. (TSE:SLW) traded up 0.56% during mid-day trading on Friday, reaching $30.28. 1,079,631 shares of the company’s stock traded hands. The company’s market cap is $13.33 billion. Silver Wheaton Corp. has a 12-month low of $14.51 and a 12-month high of $40.80. The stock has a 50 day moving average of $35.46 and a 200 day moving average of $29.91.
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 7th. Shareholders of record on Wednesday, August 24th were given a $0.05 dividend. The ex-dividend date was Monday, August 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.66%.
About Silver Wheaton Corp.
Silver Wheaton Corp. (Silver Wheaton) is a mining company. The Company is a pure precious metals streaming company engaged in the sale of silver and gold. It has entered into over 19 long-term purchase agreements and approximately two early deposit long-term purchase agreement associated with silver and gold, relating to over 30 different mining assets, whereby Silver Wheaton acquires silver and gold production at various mines.
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