How Analysts Feel About Silver Wheaton Corp. (USA) After Today’s Bullish Options Activity?

 How Analysts Feel About Silver Wheaton Corp. (USA) After Today's Bullish Options Activity?

In today’s session Silver Wheaton Corp. (USA) (SLW) registered an unusually high (427) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the March, 2017 call, expecting serious SLW increase. With 427 contracts traded and 11704 open interest for the Mar, 17 contract, it seems this is a quite bullish bet. The option with symbol: SLW170317C00030000 closed last at: $0.29 or 64.6% down. About 2.05M shares traded hands. Silver Wheaton Corp. (USA) (NYSE:SLW) has risen 0.67% since April 12, 2016 and is uptrending. It has underperformed by 4.31% the S&P500.

Silver Wheaton Corp. (USA) (NYSE:SLW) Ratings Coverage

Out of 11 analysts covering Silver Wheaton Corp. (NYSE:SLW), 6 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 55% are positive. $37 is the highest target while $13 is the lowest. The $23.56 average target is 35.56% above today’s ($17.38) stock price. Silver Wheaton Corp. has been the topic of 21 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, March 18 by Barclays Capital. The stock has “Equal-Weight” rating given by Barclays Capital on Monday, April 18. The rating was upgraded by IBC to “Sector Outperform” on Friday, January 8. JP Morgan downgraded Silver Wheaton Corp. (USA) (NYSE:SLW) on Monday, April 18 to “Neutral” rating. The rating was upgraded by BMO Capital Markets on Thursday, May 12 to “Outperform”. The rating was downgraded by Standpoint Research to “Hold” on Monday, July 11. The company was downgraded on Wednesday, April 20 by Raymond James. As per Friday, August 12, the company rating was maintained by Goldman Sachs. The firm earned “Neutral” rating on Monday, August 15 by JP Morgan. On Wednesday, November 4 the stock rating was maintained by RBC Capital Markets with “Outperform”.

According to Zacks Investment Research, “Silver Wheaton is the only mining company with 100% of its revenue from silver production.”

Silver Wheaton Corp. is a mining company. The company has a market cap of $6.87 billion. The Firm is a pure precious metals streaming firm engaged in the sale of silver and gold. It has a 2111.79 P/E ratio. It has entered into over 19 long-term purchase agreements and approximately two early deposit long-term purchase agreement associated with silver and gold, relating to over 30 different mining assets, whereby Silver Wheaton acquires silver and gold production at various mines.

More recent Silver Wheaton Corp. (USA) (NYSE:SLW) news were published by: Investorplace.com which released: “Trade of the Day: Silver Wheaton Corp. (USA) (NYSE:SLW)” on June 02, 2016. Also Investorplace.com published the news titled: “Silver Wheaton Corp. (USA): SLW Stock Makes Its Move!” on July 22, 2016. Fool.ca‘s news article titled: “Is Silver Wheaton Corp. Heading Back to $40?” with publication date: November 03, 2016 was also an interesting one.

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