November 23, 2016 - By Adrian Mccoy
In a research note issued to investors and clients on Tuesday morning, Standpoint Research has raised Silver Wheaton (SLW) stock to a Buy. SLW’s old rating was Hold.
Out of 3 analysts covering Silver Wheaton (SLW), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Silver Wheaton has been the topic of 3 analyst reports since September 9, 2016 according to StockzIntelligence Inc. The company was initiated on Friday, September 9 by Deutsche Bank. The company was upgraded on Tuesday, November 22 by Standpoint Research. The rating was upgraded by National Bank Canada to “Outperform” on Wednesday, November 16.
The stock increased 1.65% or $0.31 during the last trading session, hitting $19.13. Silver Wheaton Corp. (USA) (SLW) has risen 0.31% since April 21, 2016 and is uptrending. It has underperformed by 5.01% the S&P500.
Silver Wheaton Corp. is a mining company. The company has a market cap of $8.49 billion. The Firm is a pure precious metals streaming firm engaged in the sale of silver and gold. It has a 2324.42 P/E ratio. It has entered into over 19 long-term purchase agreements and approximately two early deposit long-term purchase agreement associated with silver and gold, relating to over 30 different mining assets, whereby Silver Wheaton acquires silver and gold production at various mines.
According to Zacks Investment Research, “Silver Wheaton is the only mining company with 100% of its revenue from silver production.”
More recent Silver Wheaton Corp. (USA) (NYSE:SLW) news were published by: Fool.ca which released: “Why Silver Wheaton Corp. Is a Great Investment” on November 21, 2016. Also Investorplace.com published the news titled: “Trade of the Day: Silver Wheaton Corp. (USA) (NYSE:SLW)” on June 02, 2016. Investorplace.com‘s news article titled: “Why Dollar Tree, Inc. (DLTR), Dr Pepper Snapple Group Inc. (DPS) and Silver …” with publication date: October 04, 2016 was also an interesting one.
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By Adrian Mccoy