Pan American Silver Corp. (PAAS) Receives $19.93 Consensus Price Target from Analysts

Shares of Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) have been assigned a consensus rating of “Hold” from the fourteen research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.93.

Several research analysts recently weighed in on PAAS shares. Royal Bank Of Canada set a $22.00 price target on shares of Pan American Silver Corp. and gave the stock a “buy” rating in a research report on Thursday. BidaskClub cut shares of Pan American Silver Corp. from a “hold” rating to a “sell” rating in a research note on Thursday. TheStreet cut shares of Pan American Silver Corp. from a “b-” rating to a “c+” rating in a research note on Friday, July 28th. Zacks Investment Research raised shares of Pan American Silver Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $17.50 price target on shares of Pan American Silver Corp. in a research note on Thursday, June 29th.

Shares of Pan American Silver Corp. (NASDAQ PAAS) traded down 0.28% during trading on Monday, reaching $17.59. The company had a trading volume of 2,099,810 shares. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 22.49 and a beta of 0.29. The company’s 50 day moving average is $16.54 and its 200-day moving average is $17.49. Pan American Silver Corp. has a 1-year low of $13.80 and a 1-year high of $21.59.

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last posted its earnings results on Wednesday, August 9th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. The company had revenue of $201.30 million during the quarter, compared to the consensus estimate of $184.96 million. Pan American Silver Corp. had a net margin of 14.62% and a return on equity of 6.23%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. On average, equities research analysts anticipate that Pan American Silver Corp. will post $0.48 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, August 21st will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.57%. Pan American Silver Corp.’s payout ratio is 12.82%.

ILLEGAL ACTIVITY NOTICE: “Pan American Silver Corp. (PAAS) Receives $19.93 Consensus Price Target from Analysts” was originally posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.com-unik.info/2017/08/11/pan-american-silver-corp-paas-given-average-recommendation-of-hold-by-brokerages-updated-updated-updated.html.

Large investors have recently made changes to their positions in the stock. Advisor Group Inc. raised its stake in shares of Pan American Silver Corp. by 3.9% in the second quarter. Advisor Group Inc. now owns 21,567 shares of the basic materials company’s stock worth $362,000 after buying an additional 800 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Pan American Silver Corp. by 5.7% in the second quarter. Legal & General Group Plc now owns 18,253 shares of the basic materials company’s stock worth $307,000 after buying an additional 990 shares during the last quarter. Bennicas & Associates Inc. raised its stake in shares of Pan American Silver Corp. by 1.3% in the first quarter. Bennicas & Associates Inc. now owns 79,450 shares of the basic materials company’s stock worth $1,392,000 after buying an additional 1,000 shares during the last quarter. WFG Advisors LP raised its stake in shares of Pan American Silver Corp. by 6.8% in the first quarter. WFG Advisors LP now owns 16,129 shares of the basic materials company’s stock worth $283,000 after buying an additional 1,020 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Pan American Silver Corp. by 11.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,014 shares of the basic materials company’s stock worth $167,000 after buying an additional 1,167 shares during the last quarter. Institutional investors and hedge funds own 49.98% of the company’s stock.

Pan American Silver Corp. Company Profile

Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.

Analyst Recommendations for Pan American Silver Corp. (NASDAQ:PAAS)

What are top analysts saying about Pan American Silver Corp.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Pan American Silver Corp. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit