In a report published Friday, Canaccord Genuity analyst Steven Butler reiterated a Buy rating and $49.00 price target on Silver Wheaton Corp. SLW.
In the report, Butler noted, “We reiterate our BUY rating on Silver Wheaton following the release of Q4/12 results, which came in ahead of our estimates. Silver Wheaton remains our preferred senior silver producer based on its superior growth and net free cash flow profile, which provides capacity for additional accretive stream deals and an increasingly robust dividend policy.”
Silver Wheaton Corp. closed on Thursday at $30.98.
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