Silver Wheaton Corp (NYSE:WPM) has been assigned a $25.00 price objective by equities researchers at Royal Bank Of Canada in a research report issued on Sunday. The brokerage currently has a “buy” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 25.57% from the stock’s current price.

A number of other equities analysts have also weighed in on WPM. BMO Capital Markets restated a “buy” rating and set a $28.00 price target on shares of Silver Wheaton Corp in a research report on Wednesday, September 6th. Raymond James Financial, Inc. restated an “outperform” rating and set a $27.00 price target on shares of Silver Wheaton Corp in a research report on Sunday, June 18th. Zacks Investment Research lowered shares of Silver Wheaton Corp from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. Finally, Deutsche Bank AG restated a “hold” rating and set a $29.00 price target (down from $31.00) on shares of Silver Wheaton Corp in a research report on Sunday, June 25th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $27.25.

Shares of Silver Wheaton Corp (NYSE WPM) traded up 0.76% on Friday, hitting $19.91. 2,193,696 shares of the company were exchanged. The firm’s 50-day moving average is $19.84 and its 200-day moving average is $20.10. The stock has a market capitalization of $8.80 billion, a PE ratio of 39.74 and a beta of 0.27. Silver Wheaton Corp has a 52-week low of $16.94 and a 52-week high of $28.68.

Silver Wheaton Corp (NYSE:WPM) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. The firm had revenue of $200.00 million for the quarter, compared to analyst estimates of $217.81 million. Silver Wheaton Corp had a net margin of 25.05% and a return on equity of 5.90%. Silver Wheaton Corp’s quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 earnings per share. Equities research analysts predict that Silver Wheaton Corp will post $0.61 earnings per share for the current year.

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A number of large investors have recently bought and sold shares of WPM. Swiss National Bank acquired a new position in Silver Wheaton Corp in the 2nd quarter valued at about $79,348,000. Intact Investment Management Inc. acquired a new position in Silver Wheaton Corp in the 2nd quarter valued at about $20,082,000. State of Tennessee Treasury Department acquired a new position in Silver Wheaton Corp in the 2nd quarter valued at about $7,911,000. JPMorgan Chase & Co. acquired a new position in Silver Wheaton Corp in the 2nd quarter valued at about $4,600,000. Finally, Delta Lloyd Asset Management N.V. acquired a new position in Silver Wheaton Corp in the 2nd quarter valued at about $2,932,000. Institutional investors own 48.09% of the company’s stock.

About Silver Wheaton Corp

Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.

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