From MarketBeat:

Wheaton Precious Metals Corp. (NYSE:WPM) has been rated “Moderate Buy” by nine brokerages, with an average price target of $52.88. Raymond James upgraded the stock to “outperform” with a $57.00 target price. National Bank Financial cut the target price to C$72.50. The stock opened at $47.74 on NYSE.

Institutional investors, including Brookstone Capital Management, have invested in Wheaton Precious Metals with 58.51% of the stock owned by hedge funds. The company reported a $0.27 earnings per share in November 2019.

Wheaton Precious Metals also announced a quarterly dividend of $0.15 per share, yielding 1.26%. The company primarily sells precious metals in North and South America, recently changed its name from Silver Wheaton Corp., and has a market capitalization of $21.63 billion.

This news alert was generated by narrative science technology and financial data from MarketBeat. Wheaton Precious Metals had a “b-” rating by TheStreet and announced its quarterly earnings on November 9th. Shareholders received the quarterly dividend on December 8th.



Read more: Wheaton Precious Metals Corp. (NYSE:WPM) Given Average Rating of “Moderate Buy” by Brokerages