X
<

Wall Street’s Take on Gold Miners before the 3Q17 Earnings

PART:
1 2 3 4 5 6 7 8 9 10 11
Part 7
Wall Street’s Take on Gold Miners before the 3Q17 Earnings PART 7 OF 11

Mapping the Analyst Rating Changes for Royalty and Streaming Miners

Franco Nevada

Credit Suisse (CS) downgraded Franco-Nevada (FNV) from “outperform”’ to “neutral” on September 25, 2017. But Canaccord Genuity boosted FNV’s target price from 114 Canadian dollars to 118 Canadian dollars. The stock has seen several other target price increases as well.

On September 8, 2017, Scotiabank increased its target price for FNV from $79.5 to $82.0. The firm has a “sector perform” rating on the stock. Bank of America increased the stock’s target price from 107.0 Canadian dollars to 110.0 Canadian dollars on September 8, 2017. CIBC also raised FNV’s price target from 105.0 Canadian dollars to 110.0 Canadian dollars on August 10, 2017.

Mapping the Analyst Rating Changes for Royalty and Streaming Miners

Interested in RGLD? Don't miss the next report.

Receive e-mail alerts for new research on RGLD

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Wheaton Precious Metals

Royal Bank of Canada set a target price of $25 on Wheaton Precious Metals’ (WPM) (previously known as Silver Wheaton) stock on October 8, 2017. The firm has a “buy” rating on the stock.

On August 11, 2017, CIBC and Canaccord Genuity both reduced their respective target prices for WPM’s stock. While CIBC lowered the price target from 25 Canadian dollars to 24 Canadian dollars, Canaccord Genuity lowered its price objective from 35 Canadian dollars to 34 Canadian dollars.

Other royalty and streaming companies

Canaccord Genuity reiterated its “buy” rating on Royal Gold (RGLD) stock and now has a target price of $113 on the stock. FBR & Company boosted its target price for RGLD from $81.0 to $85.0 on August 16, 2017. National Bank Financial raised its target price for the stock from $82.5 to $92.5 on August 10, 2017.

Notably, Sandstorm (SAND) has not seen any significant rating changes recently.

X

Please select a profession that best describes you: