Jefferies Provides Color On Pan American Silver (PAAS)

Jefferies provided color on Pan American Silver PAAS in a research report published today. Jefferies has previously given Pan American Silver a Buy rating and a $37 price target. In the report, Jefferies states, "The combination of monetary, supply demand, and technical drivers should allow silver prices to achieve higher highs and greater lows in the next 12-18 months. Pan American Silver, a leader in the industry, is currently working through a transition phase; shares appear fairly priced." Shares of Pan American Silver were at $34.89 in after hours trading, down 0.17% from Wednesday's market close.