Free Trial

MAG Silver (MAG) Stock Forecast & Price Target

MAG Silver logo
C$21.68 -0.17 (-0.78%)
(As of 11/22/2024 ET)

MAG Silver - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
5

Based on 8 Wall Street analysts who have issued ratings for MAG Silver in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 3 have given a hold rating, and 5 have given a buy rating for MAG.

Consensus Price Target

C$25.01
15.37% Upside
According to the 8 analysts' twelve-month price targets for MAG Silver, the average price target is C$25.01. The highest price target for MAG is C$27.10, while the lowest price target for MAG is C$22.00. The average price target represents a forecasted upside of 15.37% from the current price of C$21.68.
Get the Latest News and Ratings for MAG and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for MAG Silver and its competitors.

Sign Up

MAG Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$25.01C$22.50C$21.17C$21.61
Forecasted Upside15.37% Upside-8.69% Downside15.98% Upside43.79% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MAG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

MAG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

MAG Silver Stock vs. The Competition

TypeMAG SilverBasic Materials Companies
Consensus Rating Score
2.63
2.76
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent MAG News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2024Panmure Gordon
2 of 5 stars
 Boost TargetC$26.40 ➝ C$27.10+24.48%
11/13/2024CIBC
3 of 5 stars
 Boost TargetC$24.00 ➝ C$25.00+19.56%
10/25/2024BMO Capital Markets
4 of 5 stars
 Boost TargetC$24.00 ➝ C$26.00+7.17%
10/24/2024Roth Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Reagor
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeStrong-Buy ➝ Hold
10/24/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$23.00 ➝ C$26.00+7.26%
10/21/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$21.50 ➝ C$25.00+3.09%
10/18/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$22.00 ➝ C$25.00+8.27%
5/29/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$21.00 ➝ C$24.00+29.10%
5/3/2024Ventum Cap Mkts
Subscribe to MarketBeat All Access for the recommendation accuracy rating
C. Thompson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral
4/23/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSpeculative Buy ➝ BuyC$20.00 ➝ C$22.00+32.29%
11/13/2023Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$24.00 ➝ C$20.00+47.28%
10/26/2023Pi Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$19.25 ➝ C$17.50+19.54%
4/18/2023National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$26.00 ➝ C$24.50+35.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:54 AM ET.


MAG Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for MAG Silver is C$25.01, with a high forecast of C$27.10 and a low forecast of C$22.00.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MAG Silver in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MAG shares.

According to analysts, MAG Silver's stock has a predicted upside of 15.37% based on their 12-month stock forecasts.

Over the previous 90 days, MAG Silver's stock had 1 downgrade by analysts.

MAG Silver has been rated by research analysts at BMO Capital Markets, CIBC, Panmure Gordon, Raymond James, Roth Capital, Stifel Nicolaus, and TD Securities in the past 90 days.

Analysts like MAG Silver less than other "basic materials" companies. The consensus rating score for MAG Silver is 2.63 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how MAG compares to other companies.


This page (TSE:MAG) was last updated on 11/23/2024 by MarketBeat.com Staff
From Our Partners