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Sandstorm Gold (SSL) Stock Forecast & Price Target

C$7.88
-0.15 (-1.87%)
(As of 07/17/2024 ET)

Sandstorm Gold - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 2 Wall Street analysts who have issued ratings for Sandstorm Gold in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 2 have given a buy rating for SSL.

Consensus Price Target

C$9.15
16.12% Upside
High ForecastC$10.50
Average ForecastC$9.15
Low ForecastC$7.00

According to the 2 analysts' twelve-month price targets for Sandstorm Gold, the average price target is C$9.15. The highest price target for SSL is C$10.50, while the lowest price target for SSL is C$7.00. The average price target represents a forecasted upside of 16.12% from the current price of C$7.88.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$9.15C$9.05C$9.13C$9.88
Forecasted Upside16.12% Upside37.96% Upside42.94% Upside36.43% Upside
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SSL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SSL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sandstorm Gold Stock vs. The Competition

TypeSandstorm GoldBasic Materials Companies
Consensus Rating Score
3.00
2.62
Consensus RatingBuyModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024CIBC
3 of 5 stars
 Boost TargetC$9.00 ➝ C$9.50+23.38%
5/6/2024National Bankshares
1 of 5 stars
 Boost TargetC$8.50 ➝ C$8.75+13.34%
4/23/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetC$10.00 ➝ C$10.50+43.44%
2/14/2024TD Securities
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 Lower TargetBuyC$8.00 ➝ C$7.00+30.11%
11/8/2023Stifel Nicolaus
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 Lower TargetC$12.00 ➝ C$10.00+58.23%
3/2/2023Royal Bank of Canada
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 UpgradeSector Perform ➝ OutperformC$6.50-8.19%
8/15/2022National Bank Financial
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S. Nagle
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Reiterated RatingOutperform Spec Overweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:01 PM ET.

SSL Forecast - Frequently Asked Questions

What is Sandstorm Gold's forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Sandstorm Gold is C$9.15, with a high forecast of C$10.50 and a low forecast of C$7.00.

Should I buy or sell Sandstorm Gold stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sandstorm Gold in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSL shares.

Does Sandstorm Gold's stock price have much upside?

According to analysts, Sandstorm Gold's stock has a predicted upside of 38.22% based on their 12-month stock forecasts.

What analysts cover Sandstorm Gold?

Sandstorm Gold has been rated by research analysts at Canaccord Genuity Group, CIBC, and National Bankshares in the past 90 days.

Do Wall Street analysts like Sandstorm Gold more than its competitors?

Analysts like Sandstorm Gold more than other "basic materials" companies. The consensus rating for Sandstorm Gold is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how SSL compares to other companies.


This page (TSE:SSL) was last updated on 7/17/2024 by MarketBeat.com Staff

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