Wheaton Precious Metals’ (WPM) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Wheaton Precious Metals (LON:WPM) in a research note released on Wednesday morning, MarketBeat reports. They currently have a GBX 5,800 ($73.28) target price on the stock.

Wheaton Precious Metals Stock Down 1.2 %

WPM stock opened at GBX 5,445.86 ($68.80) on Wednesday. The business has a 50 day moving average of GBX 4,895.11 and a 200 day moving average of GBX 4,819.85. The firm has a market cap of £30.58 billion, a PE ratio of 50.17 and a beta of 0.70. Wheaton Precious Metals has a twelve month low of GBX 3,040 ($38.41) and a twelve month high of GBX 5,660 ($71.51).

Wheaton Precious Metals Company Profile

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.