Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAA)‘s stock had its “hold” rating reissued by analysts at TD Securities in a report issued on Saturday. They presently have a $19.00 price objective on the stock, up from their previous price objective of $18.50. TD Securities’ target price indicates a potential upside of 16.92% from the stock’s current price.

A number of other research analysts have also weighed in on the company. BMO Capital Markets raised Pan American Silver Corp. from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $24.00 to $28.00 in a report on Wednesday. Canaccord Genuity raised Pan American Silver Corp. from a “hold” rating to a “buy” rating in a report on Tuesday. FBR & Co set a $21.00 target price on Pan American Silver Corp. and gave the stock a “hold” rating in a report on Thursday, August 18th. Zacks Investment Research raised Pan American Silver Corp. from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Friday, November 4th. Finally, Deutsche Bank AG raised Pan American Silver Corp. from a “hold” rating to a “buy” rating and boosted their target price for the stock from $14.50 to $20.00 in a report on Monday, October 3rd. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Pan American Silver Corp. currently has a consensus rating of “Buy” and a consensus price target of $19.63.

Analyst Recommendations for Pan American Silver Corp. (NASDAQ:PAAS)

Pan American Silver Corp. (NASDAQ:PAAS) opened at 16.25 on Friday. The firm’s 50-day moving average price is $16.13 and its 200 day moving average price is $16.94. The firm’s market capitalization is $2.47 billion. Pan American Silver Corp. has a 1-year low of $5.38 and a 1-year high of $21.59.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 6th. Stockholders of record on Friday, November 25th will be given a dividend of $0.0125 per share. The ex-dividend date of this dividend is Tuesday, November 22nd. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.31%. Pan American Silver Corp.’s payout ratio is -13.51%.

Hedge funds have recently added to or reduced their stakes in the stock. Verition Fund Management LLC bought a new stake in Pan American Silver Corp. during the third quarter worth $308,000. Cetera Advisor Networks LLC acquired a new stake in shares of Pan American Silver Corp. during the third quarter valued at $263,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Pan American Silver Corp. by 6.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 8,581,190 shares of the company’s stock valued at $150,828,000 after buying an additional 534,408 shares in the last quarter. Highbridge Capital Management LLC increased its stake in shares of Pan American Silver Corp. by 166.8% in the third quarter. Highbridge Capital Management LLC now owns 77,100 shares of the company’s stock valued at $1,358,000 after buying an additional 48,200 shares in the last quarter. Finally, Moors & Cabot Inc. increased its stake in shares of Pan American Silver Corp. by 8.4% in the third quarter. Moors & Cabot Inc. now owns 12,850 shares of the company’s stock valued at $229,000 after buying an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 48.46% of the company’s stock.

Pan American Silver Corp. Company Profile

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.

5 Day Chart for NASDAQ:PAAS

Receive News & Stock Ratings for Pan American Silver Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver Corp. and related stocks with our FREE daily email newsletter.