Pan American Silver Corp. (PAA) Receives C$18.90 Average Target Price from Analysts
Shares of Pan American Silver Corp. (TSE:PAA) have been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the company. Four research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$18.90.
Several equities research analysts have issued reports on the company. Deutsche Bank AG upgraded Pan American Silver Corp. from a “hold” rating to a “buy” rating in a report on Monday, October 3rd. TD Securities lifted their price objective on Pan American Silver Corp. from C$18.00 to C$23.00 and gave the stock a “hold” rating in a report on Monday, August 15th. Finally, CSFB lifted their price objective on Pan American Silver Corp. from C$21.00 to C$25.00 in a report on Monday, August 15th.
Pan American Silver Corp. (TSE:PAA) opened at 21.55 on Tuesday. The firm has a 50-day moving average price of $21.89 and a 200 day moving average price of $22.01. The stock’s market cap is $3.28 billion. Pan American Silver Corp. has a 52-week low of $7.85 and a 52-week high of $27.56.
About Pan American Silver Corp.
Pan American Silver Corp. (Pan American) is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia.
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