Wheaton Precious Metals Corp. (LON:WPM – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as £110 and last traded at £104.05, with a volume of 12022 shares. The stock had previously closed at £105.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank raised their price target on shares of Wheaton Precious Metals from GBX 9,600 to GBX 9,700 and gave the company a “buy” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of “Buy” and a consensus target price of GBX 9,700.
Check Out Our Latest Analysis on Wheaton Precious Metals
Wheaton Precious Metals Price Performance
About Wheaton Precious Metals
Wheaton Precious Metals is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments.
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