B.Riley FBR analyst Adam Graf maintained a Hold rating on First Majestic Silver (NYSE:AG) on Thursday, setting a price target of $13.1, which is approximately 5.14% below the present share price of $13.81.
Graf expects First Majestic Silver to post earnings per share (EPS) of -$0.15 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in First Majestic Silver, with an average price target of $11.53.
The analysts price targets range from a high of $16.5 to a low of $5.84.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $86.79 million and a net profit of $7.05 million. The company's market cap is $2.88 billion.
According to TipRanks.com, B.Riley FBR analyst Adam Graf is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.7% and a 74.07% success rate.
First Majestic Silver Corp. engages in the production, development, exploration and acquisition of mineral properties. It owns and operates producing mines in México including La Encantada Silver Mine; La Parrilla Silver Mine; San Martin Silver Mine; Del Toro Silver Mine; Santa Elena Silver & Gold Mine; and San Dimas Silver & Gold Mine. The company was founded by Keith Neumeyer on September 26, 1979 and is headquartered in Vancouver, Canada.