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MAG Silver Corp has a consensus price target of $18 based on the ratings of 4 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 Scotiabank, HC Wainwright & Co., and HC Wainwright & Co. on August 19, 2024, August 5, 2024, and July 24, 2024, respectively. With an average price target of $16.83 between Scotiabank, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 16.74% 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 Scotiabank on August 19, 2024. The analyst firm set a price target for $15.50 expecting MAG to fall to within 12 months (a possible NaN% downside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for MAG Silver (AMEX:MAG) was provided by Scotiabank, and MAG Silver maintained their sector outperform 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 January 21, 2022 when Scotiabank changed their price target from N/A to N/A 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 August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest MAG Silver (MAG) rating was a maintained with a price target of $14.50 to $15.50. The current price MAG Silver (MAG) is trading at is $undefined, which is out of the analyst’s predicted range.
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