First Majestic Silver (AG) Stock Forecast & Price Target

C$8.00

-0.30 (-3.61%)

(As of 09/18/2024 ET)

First Majestic 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

N/A
Based on 0 Analyst Ratings

Based on 0 Wall Street analysts who have issued ratings for First Majestic Silver in the last 12 months, the stock has a consensus rating of "N/A." Out of the 0 analysts, for AG.

Consensus Price Target

C$7.25
-9.38% Downside

High Forecast	C$7.50
Average Forecast	C$7.25
Low Forecast	C$7.00

According to the 0 analysts' twelve-month price targets for First Majestic Silver, the average price target is C$7.25. The highest price target for AG is C$7.50, while the lowest price target for AG is C$7.00. The average price target represents a forecasted downside of -9.38% from the current price of C$8.00.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	N/A	N/A	N/A	N/A
Strong Buy	N/A	N/A	N/A	N/A
Buy	N/A	N/A	N/A	N/A
Hold	N/A	N/A	N/A	N/A
Sell	N/A	N/A	N/A	N/A
Consensus Price Target	C$7.25	N/A	N/A	N/A
Forecasted Upside	-9.38% Downside	N/A	N/A	N/A

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AG 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.

AG 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.

First Majestic Silver Stock vs. The Competition

Type	First Majestic Silver	Basic Materials Companies
Consensus Rating Score	0.00	2.72
Consensus Rating	N/A	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/9/2024	TD Securities 4 of 5 stars		Lower Target		C$8.50 ➝ C$7.50	+19.05%
9/7/2024	BMO Capital Markets 4 of 5 stars		Lower Target		C$9.00 ➝ C$7.00	+11.46%
9/6/2024	Cormark 2 of 5 stars	R. Gray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Moderate Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:06 PM ET.

AG Forecast - Frequently Asked Questions

What is First Majestic Silver's forecast for 2024?: According to the research reports of 0 Wall Street equities research analysts, the average twelve-month stock price forecast for First Majestic Silver is C$7.25, with a high forecast of C$7.50 and a low forecast of C$7.00.
Does First Majestic Silver's stock price have much upside?: According to analysts, First Majestic Silver's stock has a predicted upside of 15.26% based on their 12-month stock forecasts.
Has First Majestic Silver been upgraded by Wall Street analysts recently?: Over the previous 90 days, First Majestic Silver's stock had 1 upgrade by analysts.
What analysts cover First Majestic Silver?: First Majestic Silver has been rated by research analysts at BMO Capital Markets, Cormark, and TD Securities in the past 90 days.