Precious Metal Streams Acquisition and Management
Search documents
Wheaton Precious Metals Corp. (NYSE:WPM) Sees Positive Analyst Sentiment and Price Target Adjustments
Financial Modeling Prep· 2026-01-26 23:03
Company Overview - Wheaton Precious Metals Corp. is a significant entity in the precious metals sector, focusing on acquiring and managing precious metal streams by purchasing a portion of future production from mining companies, thus providing them with upfront capital [1] Stock Performance and Price Targets - On January 26, 2026, Scotiabank set a new price target of $175 for WPM, indicating a potential increase of 14.38% from its trading price of $153 at that time [2] - The stock is currently priced at $152.45, reflecting a 4.3% increase or $6.29, with fluctuations between $150.63 and $154.70, marking its highest price over the past year [2] Analyst Recommendations - WPM has received a consensus "Buy" recommendation from eight research firms, with one analyst recommending holding, five suggesting buying, and two advocating a strong buy [3] - The average twelve-month price target from these firms is C$134.43, with Canaccord Genuity Group raising their price objective from C$144.00 to C$172.00, and Peel Hunt increasing theirs from C$162.00 to C$165.00 [3] Market Capitalization and Trading Volume - WPM's market capitalization is approximately $69.2 billion, with a trading volume of 2,292,655 shares on the NYSE [4] - The stock's lowest price in the past year was $58.31, indicating significant growth potential [4]