Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
MAG Silver Corp has a consensus price target of $18.38 based on the ratings of 5 analysts. The high is $20.5 issued by Stifel on May 15, 2024. The low is $15.5 issued by Scotiabank on August 19, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Roth MKM, and Scotiabank on November 13, 2024, October 24, 2024, and August 19, 2024, respectively. With an average price target of $17.67 between HC Wainwright & Co., Roth MKM, and Scotiabank, there's an implied 12.96% upside for MAG Silver Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MAG Silver (AMEX:MAG) was reported by HC Wainwright & Co. on November 13, 2024. The analyst firm set a price target for $20.00 expecting MAG to rise to within 12 months (a possible 27.88% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for MAG Silver (AMEX:MAG) was provided by HC Wainwright & Co., and MAG Silver maintained their buy rating.
The last upgrade for MAG Silver Corp happened on March 28, 2024 when Scotiabank raised their price target to $13.5. Scotiabank previously had a sector perform for MAG Silver Corp.
The last downgrade for MAG Silver Corp happened on October 24, 2024 when Roth MKM changed their price target from $17 to $17.5 for MAG Silver Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MAG Silver, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MAG Silver was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest MAG Silver (MAG) rating was a maintained with a price target of $18.00 to $20.00. The current price MAG Silver (MAG) is trading at is $15.64, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.