Pan American Silver Corp (NASDAQ: PAAS) had its target price cut by RBC Capital from $26.00 to $22.00 in a report issued on Friday.
PAAS has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Pan American Silver Corp from a neutral rating to an underperform rating in a research note to investors on Monday, February 11th. They now have a $16.90 price target on the stock. Analysts at Deutsche Bank downgraded shares of Pan American Silver Corp from a buy rating to a hold rating in a research note to investors on Tuesday, January 15th. They now have a $20.00 price target on the stock, down previously from $26.00.
Seven research analysts have rated the stock with a buy rating, one has issued an overweight rating, five have given a hold rating, one has issued an underweight rating, and one has issued a sell rating to the stock. The company has a consensus rating of overweight and an average price target of $23.52.
Pan American Silver Corp traded down 0.87% on Friday, hitting $17.11. Pan American Silver Corp has a 52-week low of $13.49 and a 52-week high of $27.11. The stock’s 50-day moving average is currently $17.79. The company has a market cap of $2.606 billion and a price-to-earnings ratio of 31.38.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 18th. Investors of record on Monday, March 4th will be paid a dividend of $0.13 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, February 28th.
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