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WPM

Wheaton Precious Metals

$21.79

-0.165 (-0.75%)

09:28
04/23/19
04/23
09:28
04/23/19
09:28

Wheaton Precious Metals downgraded to Hold from Buy at GMP Securities

  • 09

    May

WPM Wheaton Precious Metals
$21.79

-0.165 (-0.75%)

12/19/18
FBCO
12/19/18
DOWNGRADE
FBCO
Neutral
Wheaton Precious Metals downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Fahad Tariq downgraded Wheaton Precious Metals to Neutral with an unchanged price target of C$30. The analyst says he's not as confident on the company's recent non-gold/silver acquisitions. Further, royalty companies generally do not have as much upside to rising gold prices relative to other companies, Tariq tells investors in a research note.
03/29/19
STPT
03/29/19
DOWNGRADE
STPT
Hold
Wheaton Precious Metals downgraded to Hold from Buy at Standpoint Research
04/09/19
LEHM
04/09/19
DOWNGRADE
LEHM
Equal Weight
Wheaton Precious Metals downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Matthew Murphy downgraded Wheaton Precious Metals to Equal Weight from Overweight.
04/09/19
LEHM
04/09/19
NO CHANGE
LEHM
Barclays still positive on Metals and Mining, downgrades three on valuation
Barclays analyst Matthew Murphy remains positive on shares in the North America Metals and Mining space. The potential for higher recession probabilities could still drive demand for "safe assets," Murphy tells investors in a research note. Further, copper should benefit from a sequential acceleration in China during Q2, says the analyst. He sees several names with "significant upside" and "catalyst potential" including Teck Resources (TECK), Barrick Gold (GOLD), and Newmont Mining (NEM) and Goldcorp (GG). To reflect valuation, Murphy upgraded OceanaGold (OCANF) to Overweight from Equal Weight and downgraded to Equal Weight from Overweight shares of Agnico Eagle (AEM), Franco-Nevada (FNV) and Wheaton Precious Metals (WPM).

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