Sprott (TSE:SII) Price Target Raised to C$180.00

Sprott (TSE:SII) had its price objective increased by TD Securities from C$176.00 to C$180.00 in a report released on Friday,BayStreet.CA reports. They currently have a hold rating on the stock.

Other analysts have also issued research reports about the company. BMO Capital Markets raised their target price on Sprott from C$109.00 to C$123.00 in a report on Thursday, November 6th. Royal Bank Of Canada raised their price objective on shares of Sprott from C$132.00 to C$186.00 and gave the stock a “sector perform” rating in a research note on Monday, January 26th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Sprott currently has a consensus rating of “Moderate Buy” and a consensus target price of C$197.50.

Sprott Stock Performance

TSE:SII opened at C$197.31 on Friday. Sprott has a 1 year low of C$56.05 and a 1 year high of C$197.48. The firm’s fifty day simple moving average is C$156.30 and its 200 day simple moving average is C$126.64. The company has a current ratio of 3.30, a quick ratio of 2.89 and a debt-to-equity ratio of 5.65. The firm has a market capitalization of C$5.09 billion, a PE ratio of 100.67, a PEG ratio of -3.34 and a beta of 1.36.

Sprott (TSE:SII) last released its earnings results on Thursday, February 19th. The company reported C$1.49 earnings per share for the quarter. Sprott had a net margin of 28.20% and a return on equity of 15.02%. The firm had revenue of C$143.61 million during the quarter. On average, sell-side analysts anticipate that Sprott will post 3.2178828 EPS for the current year.

Sprott News Roundup

Here are the key news stories impacting Sprott this week:

• Positive Sentiment: Royal Bank of Canada upgraded Sprott from “sector perform” to “outperform” and lifted its price target to C$218 (from C$186), signaling stronger investor conviction and providing upside support. RBC Upgrade
• Positive Sentiment: Canaccord Genuity raised its target to C$200 and moved to a “buy” rating (from C$130), a bullish endorsement that likely helped buying interest. Canaccord Note
• Neutral Sentiment: BMO Capital Markets bumped its target to C$192 and kept an “outperform” rating (up from C$162). The higher rating is positive, but the C$192 target sits just below the current share level, making this a mixed signal. BMO Note TickerReport
• Negative Sentiment: TD Securities raised its price target slightly to C$180 but maintained a “hold” rating, which implies less conviction for further upside and represents downside vs. the current level — a cautious signal for traders. TD Note
• Positive Sentiment: Sprott reported quarterly EPS of C$1.49 with C$143.61M in revenue, a 28.2% net margin and 15.02% ROE — results that support analyst upgrades and justify renewed investor interest. Earnings Report

About Sprott

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.