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Wheaton Precious Metals (WPM) Stock Forecast & Price Target

Wheaton Precious Metals logo
GBX 5,018.16 +98.16 (+2.00%)
(As of 11:45 AM ET)

Wheaton Precious Metals - 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
0
Buy
1

Based on 1 Wall Street analysts who have issued ratings for Wheaton Precious Metals in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for WPM.

Consensus Price Target

GBX 5,200
According to the 1 analysts' twelve-month price targets for Wheaton Precious Metals, the average price target is GBX 5,200. The highest price target for WPM is GBX 5,200, while the lowest price target for WPM is GBX 5,200. The average price target represents a forecasted upside of 3.62% from the current price of GBX 5,018.16.
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WPM Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 5,200GBX 5,200GBX 5,200GBX 5,000
Consensus Rating
Buy
Buy
Buy
Buy

WPM 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.
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WPM 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.
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Wheaton Precious Metals Stock vs. The Competition

TypeWheaton Precious MetalsBasic Materials Companies
Consensus Rating Score
3.00
2.76
Consensus RatingBuyModerate Buy
News Sentiment Rating
Very Positive News

See Recent WPM News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/7/2024Berenberg Bank
2 of 5 stars
 Reiterated RatingBuyGBX 5,200+13.30%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:45 PM ET.


Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 8, 2024. Please send any questions or comments about these Wheaton Precious Metals pros and cons to contact@marketbeat.com.

Wheaton Precious Metals
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.:

  • Wheaton Precious Metals Corp. has a market capitalization of £20.69 billion, indicating a strong position in the market.
  • The company offers a dividend yield of 0.27%, providing investors with a steady income stream.
  • Wheaton Precious Metals Corp. primarily sells precious metals like gold, silver, palladium, and cobalt, which are considered safe-haven assets during economic uncertainties.
  • The stock has a low P/E ratio of 4,750.00, suggesting potential undervaluation compared to industry peers.
  • Despite recent fluctuations, Wheaton Precious Metals Corp. has shown resilience in its stock performance, indicating stability.

Wheaton Precious Metals
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons:

  • The dividend payout ratio of Wheaton Precious Metals Corp. is currently 4,895.83%, which may raise concerns about sustainability.
  • Wheaton Precious Metals Corp. stock price has experienced recent declines, potentially signaling short-term volatility.
  • With a beta of 0.71, the stock's sensitivity to market movements may not align with all investor risk profiles.
  • Investors should consider the company's exposure to geopolitical risks in regions where it operates, impacting operational stability.
  • While the company has a strong market presence, fluctuations in precious metal prices can directly impact its revenue and profitability.

WPM Forecast - Frequently Asked Questions

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Wheaton Precious Metals is GBX 5,200, with a high forecast of GBX 5,200 and a low forecast of GBX 5,200.

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WPM shares.

According to analysts, Wheaton Precious Metals's stock has a predicted upside of 3.62% based on their 12-month stock forecasts.

Wheaton Precious Metals has been rated by research analysts at Berenberg Bank in the past 90 days.

Analysts like Wheaton Precious Metals more than other "basic materials" companies. The consensus rating for Wheaton Precious Metals is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how WPM compares to other companies.


This page (LON:WPM) was last updated on 11/21/2024 by MarketBeat.com Staff
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