Credit Suisse (SIX:CSGN) analyst Fahad Tariq maintained a Buy rating on Wheaton Precious Metals (NYSE:WPM) on Wednesday, setting a price target of C$52, which is approximately 11.66% above the present share price of $36.88.
Tariq expects Wheaton Precious Metals to post earnings per share (EPS) of $0.33 for the first quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Wheaton Precious Metals, with an average price target of $50.65.
The analysts price targets range from a high of $67.31 to a low of $39.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $307.27 million and a net profit of $155.22 million. The company's market cap is $16.57 billion.
According to TipRanks.com, Credit Suisse analyst Fahad Tariq is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.5% and a 64.86% success rate.
Wheaton Precious Metals Corp. is a mining company, which engages in the sale of precious metals and cobalt production. It operates through the following segments: Gold, Silver, Palladium, Cobalt, and Other. It focuses on the following precious metals streams: Salobo, Peñasquito, Antamina, Constancia, Stillwater, San Dimas, Sudhury, Zinkgruvan, Yauliyacu, Neves-Corvo, Pascua-Lama, Rosemont, Voisey's Bay, and others. The company was founded by Peter Derek Barnes on December 17, 2004 and is headquartered in Vancouver, Canada.