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Gatos Silver (GATO) Stock Forecast & Price Target

Gatos Silver logo
$16.16 -0.27 (-1.64%)
(As of 02:08 PM ET)

Gatos 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
4
Buy
1

Based on 5 Wall Street analysts who have issued ratings for Gatos Silver in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 4 have given a hold rating, and 1 has given a strong buy rating for GATO.

Consensus Price Target

$12.90
-20.17% Downside
According to the 5 analysts' twelve-month price targets for Gatos Silver, the average price target is $12.90. The highest price target for GATO is $17.50, while the lowest price target for GATO is $9.00. The average price target represents a forecasted downside of -20.17% from the current price of $16.16.
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GATO 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
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$12.90$12.90$11.80$4.94
Forecasted Upside-20.17% Downside-35.37% Downside-9.44% Downside-15.60% Downside
Consensus Rating
Hold
Hold
Moderate Buy
Hold

GATO 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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GATO 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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Gatos Silver Stock vs. The Competition

TypeGatos SilverBasic Materials CompaniesS&P 500
Consensus Rating Score
2.40
2.76
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-21.58% Downside123.34% Upside9.84% Upside
News Sentiment Rating
Positive News

See Recent GATO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/22/2024Canaccord Genuity Group
1 of 5 stars
 Reiterated RatingBuy ➝ Hold
9/26/2024CIBC
3 of 5 stars
 Boost TargetOutperformer ➝ Outperformer$15.00 ➝ $17.50+5.55%
9/10/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform$11.00 ➝ $13.00+10.26%
7/10/2024Cibc World Mkts
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C. Chiu
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UpgradeStrong-Buy
4/11/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$8.00 ➝ $9.00-6.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:29 PM ET.


GATO Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Gatos Silver is $12.90, with a high forecast of $17.50 and a low forecast of $9.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gatos Silver in the last twelve months. There are currently 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GATO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GATO, but not buy additional shares or sell existing shares.

According to analysts, Gatos Silver's stock has a predicted downside of -20.17% based on their 12-month stock forecasts.

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

Gatos Silver has been rated by research analysts at Canaccord Genuity Group, Canaccord Genuity Group, CIBC, and Royal Bank of Canada in the past 90 days.

Analysts like Gatos Silver less than other "basic materials" companies. The consensus rating for Gatos Silver is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how GATO compares to other companies.


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