Pan American Silver (PAAS) Price Target Increased to C$26.00 by Analysts at JPMorgan Chase & Co.

Pan American Silver (TSE:PAAS) had its price target upped by JPMorgan Chase & Co. from C$23.00 to C$26.00 in a research note released on Monday, BayStreet.CA reports.

Other research analysts also recently issued research reports about the company. Pi Financial increased their price target on Pan American Silver from C$23.00 to C$23.50 in a research note on Monday, March 25th. B. Riley restated a neutral rating and issued a C$12.50 target price on shares of Pan American Silver in a research note on Friday, March 1st. BMO Capital Markets restated an outperform rating and issued a C$20.00 target price on shares of Pan American Silver in a research note on Wednesday, January 23rd. Finally, National Bank Financial restated a sector perform rating and issued a C$23.00 target price on shares of Pan American Silver in a research note on Tuesday, March 26th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Pan American Silver presently has an average rating of Hold and a consensus target price of C$21.00.

PAAS stock opened at C$17.84 on Monday. The company has a quick ratio of 2.04, a current ratio of 3.64 and a debt-to-equity ratio of 1.82. The firm has a market cap of $3.70 billion and a PE ratio of 266.27. Pan American Silver has a fifty-two week low of C$16.05 and a fifty-two week high of C$24.22.

In related news, Director Michael Louis Carroll bought 5,500 shares of the business’s stock in a transaction on Friday, March 1st. The stock was acquired at an average price of C$16.95 per share, for a total transaction of C$93,218.40. Following the purchase, the director now directly owns 41,693 shares in the company, valued at C$706,646.32.

Pan American Silver Company Profile

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.

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Analyst Recommendations for Pan American Silver (TSE:PAAS)

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