MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) had its price target lifted by BMO Capital Markets from C$24.00 to C$26.00 in a research note issued on Friday, BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 7.17% from the company’s previous close.
Several other equities analysts also recently commented on the stock. Stifel Nicolaus increased their target price on shares of MAG Silver from C$21.50 to C$25.00 in a research report on Monday. Roth Capital lowered MAG Silver from a “strong-buy” rating to a “hold” rating in a report on Thursday. TD Securities boosted their target price on MAG Silver from C$22.00 to C$25.00 in a report on Friday, October 18th. Finally, Raymond James increased their price target on MAG Silver from C$23.00 to C$26.00 and gave the company an “outperform” rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$23.06.
View Our Latest Stock Analysis on MAG
MAG Silver Stock Down 1.8 %
MAG Silver (TSE:MAG – Get Free Report) (NYSEAMERICAN:MAG) last posted its earnings results on Thursday, August 1st. The company reported C$0.28 EPS for the quarter, topping the consensus estimate of C$0.27 by C$0.01. Analysts anticipate that MAG Silver will post 1.2235023 EPS for the current fiscal year.
About MAG Silver
MAG Silver Corp. develops and explores for precious metal properties in Canada. It explores for silver, gold, lead, copper, and zinc deposits. The company’s flagship property is the 44% owned Juanicipio property located in the Fresnillo District, Zacatecas State, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.
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