Wheaton Precious Metals (LON:WPM - Get Free Report) had its price target boosted by equities researchers at Berenberg Bank from GBX 7,800 to GBX 8,300 in a research report issued on Thursday,
Digital Look reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's price target indicates a potential upside of 4.01% from the stock's previous close.
Wheaton Precious Metals Price Performance
WPM opened at GBX 7,980 on Thursday. The stock has a market capitalization of £36.23 billion, a PE ratio of 4,596.77 and a beta of 0.70. The firm's fifty day moving average price is GBX 7,097.46 and its 200 day moving average price is GBX 6,456.42. Wheaton Precious Metals has a 12-month low of GBX 4,319 and a 12-month high of GBX 8,195.37.
About Wheaton Precious Metals
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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.
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